We are at a point where MA 50 day is crossing down the 100 MA…

Sure, we are in a low, and maybe we will see a bounce to retest higher values, but the point is, use this rebound to lighten up, thanking God for giving us new highs from which to sell, or are you really aiming for new highs ?

What should push the markets to new highs in your point of view? Better express it now than later…

Adam Grimes writes: 

Is there any statistical edge to the 50 day MA crossing the 100 day? This is something that is easily testable, and if you have tested it and found no edge (beyond the baseline drift, of course)… then the only reason to be talking about it now is that we must be convinced "this time is different" and it matters this time, right?

If so, why?

Unless there are good answer to those questions, isn't all discussion of moving average crosses just noise?





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