Quote from jj_:
I still maintain that this (the 200DMA) is more important. 1224, what's that all about? Meaningless.
Transports triple top failure at 5050. Until this is taken out it's a sell on rallies IMO.
hey jj evans, the only reason I did 1224 was that was the price when i started this thread.
What is the S&P figure of the 200 day moving average? You are probably right that is more important. thanks for posting here and for your answer (I do not follow moving averages closely).