So where from here? The government is now clearly willing to try and inject liquidity and give us a soft landing.
Is this a great place to load up?
The S&P closed once below it's 200 DEMA and now it's once again tested and closed above.
I think we see a continuing overall reduction of volatility and steady trend ahead. If I had to guess, I'd say we trend up. I'd use the 200 DEMA as the signal of direction.
S&P Holding on to 200 day EMA
Started by
Sentient Being
, Aug 11 2007 12:22 PM
2 replies to this topic
#1
Posted 11 August 2007 - 12:22 PM
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#2
Posted 11 August 2007 - 12:27 PM
Don't fight the FED, especially when they wet their pants.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
Posted 11 August 2007 - 12:31 PM
Don't fight the FED, especially when they wet their pants.
I think they all have visions of Kramer screaming and yelling at them to do something, do anything!
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~