Descending 200-day MA's

With the Dow's descending 200-day moving average at about 12000 it now looks as though the index might collide with its 200-day MA sometime in the next few weeks as the MA itself reaches into resistance around 11700. For the S&P 500 cash the same dynamic holds and this would bring a top at around 1300. With all the frenetic excitement going on here and everwhere else, the simple rule - that a bear market rally rises to meet its falling 200-day MA - appears to be holding true this time as always.