From Gold Stock Trades:

Several weeks ago I wrote about the death cross phenomenon. The death cross occurs when the 50-day moving average crosses the 200-day moving average on the downside. These patterns, when combined with other technical indicators can predict major market downturns.

You may have read articles from the bullish camp and from many technicians contending that the death cross is not a proven or a contrary indicator. I, however, assert that this warning indicator prevented many wise investors who heeded its signal from losing their life savings in 2008.

The recent Post-Fed free fall is confirming the death cross, as this will be the third major failure of...

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