Last week I mentioned that there would be a death cross on the NASDAQ very soon. There’s an article over at MarketWatch that talks about the death cross that was made yesterday: Looking ahead, if you were going to draw a line in the sand, there’s a not-too-distant area on the Nasdaq that will be [...]
Posted by 2 August 2004
Beware of Imposters Posing as Technical Analysts
The Toronto Star has a good article by Bill Carrigan debunking all the recent talk about the death cross by the Dow last week. He makes some excellent points about moving average crossovers in particular and more generally, about putting too much weight on one indicator. Personally, I’ve never liked using moving average crossovers because [...]
