Quote from Billy Thunder:
Golden cross isn't always correct. I choose to not believe in voodoo trading.
Quote from eMiniFreak:
There are plenty of technicians in this market. The day of the cross, there's a strong chance for a big up move. I'm not suggesting a reversal due to the cross, but you shouldn't rule it out... esp with the fed dropping POMO on the market every other day.
Quote from Billy Thunder:
I'm not saying that there may not be an up move, but it will have nothing to do with a golden cross. BTW, technicians died with the rice traders and patterns mean nothing to Blackrock, Goldman and Jim Simons.