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Old 11-27-2007, 01:19 AM
Jason Strasser (strassa2) Jason Strasser (strassa2) is offline
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Join Date: Nov 2003
Location: durham
Posts: 4,912
Default Re: SPY Recently broke 200 Day Moving Avg

Don't want to rain on David's parade by posting this in his thread.So since the 200 Day MA seems to be an important TA indicator. I thought I'd solicit opinions on what to do about buying and/or selling SPY:

1 YR Spy Chart

Maybe this isn't a valuable TA indicator. If not which ones are, if so what should one do regarding SPY?

[/ QUOTE ]

200 day moving average.... just think about what this shows you... think about what was going on 150-200 days ago.... think about what happened in the summer.... how on earth is this piece of information useful in the current context of the market.
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