glgene 616 posts msg #95826 - Ignore glgene |
8/24/2010 11:36:05 PM
For what it's worth: SPY (proxy for SP-500) crossed below the so-called "Death Cross" today, using the most recent script I posted 4 msgs. above. It's the one using 50/200 EMA crossover. <100.00 means it's below the Death Cross.
----------------08/23 ---------- 08/24
SPY ........... 100.04 ........... 99.92.......... [SMA crossover took place on 7/6/2010 at .9974
QQQQ ....... 101.62 .......... 101.48
DIA ............ 101.00 ........... 100.90 .......[SMA crossover took place 7/7/2010 at .9983
VTI ............ 100.19 ............ 100.07
I'm NOT suggesting the Death Cross is a valid timing system. I'm just reporting the dates, and the script (4 msgs. above) if you want to track it. Later this week, I'll show you the actual trading results of buy/hold vs. trading using the 50/200 EMA signal. The results, for what they're worth, favor the 50/200 EMA Death Cross system (more gain, less risk). You saved your bu-- during 2001-2002, and 2008. How many of us wish we could re-think our investing during those periods?!
As Sgt. Joe Friday used to say on the TV series DRAGNET, "Just the facts, ma'am [sir]."
-- Zack
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