Tuesday, February 09, 2010

 
 
 

 
 
 
 
 
Overwhelming odds say you have to be long
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Thursday, April 02, 2009
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From Trader's Narrative:

About a year ago I wrote about how the stock market resembles a dog on a leash. Prices fluctuate from the trend, sometimes in extreme spikes which mark important inflection points.

I thought I'd revisit the idea by taking a long term look at the S&P 500 and comparing how it has fared to its own long term (200 [day] moving average)...

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Topics: Stocks
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