As the 50-day moving average moves to overtake the 200-day average on the Dow, typically called...

|By:, SA News Editor

As the 50-day moving average moves to overtake the 200-day average on the Dow, typically called a "golden cross" by market technicians, it's widely touted to be a significant bullish sign for the markets. Don't be fooled, however. Despite its positive implications, historically it's wound up being a dud. In the months following the much vaunted transitional point, the Dow has typically given up more ground than its taken.