S&P500 Death Cross

smallfil said:
Buy and hope is more like it. If you have 50 years, you can hang on and hope. A lot stocks that dropped during the Dotcom never recovered and ended up bankrupt. CSCO still has not recovered its high during the the Dotcom of like $120 a share? It is $56.17, like 22 years after and still not broken even? I do not use the moving averages to trade but, a trend follower. Numerous Dotcom companies got bought out at cents on the dollar. I know someone who had like $500,000 in stock options on her company stock at the peak of the Dotcom mania, she lost most of it including, her job. Her company got sold for pennies on the dollar. A long term moving average trading crossover system is probably, still superior to buy and hold because it will exit trades when the crossover happens. So, locking in profits that, buy and holders never do. There will still be losses but, it can still be tightened with rules to make it more potent.
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Plan the trade and trade the plan, for sure. Moving averages, like other indicators, are backward looking. Could there be more downside? Sure. But we've been going down for a while now.
 
jys78 said:
Plan the trade and trade the plan, for sure. Moving averages, like other indicators, are backward looking. Could there be more downside? Sure. But we've been going down for a while now.
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Moving averages are lagging indicators but, not totally useless as it follows the trend. Any moving average trading systems that take profits will always be superior to buy and hold (hope). Yeah, like the stockmarket cares wherever the trend goes? Trends persist far longer than you think. You have to just look at multiple stockcharts over the span of 5-10 years.
 
jys78 said:
More like a strong bullish sign. Show me any moving average combination that beats plain old buy and hold over time.
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%%
OK , something like that. Since the topic is SPY related.
I got a good deal , insurance deal buying 12 month/prepay.
Can do more ''moving'' + pay every month, but that's 2 expensive in gasoline\ oil, time + finance charges.
I do 6 months for the best deal which is a lot less than 12 months. Plenty of market patterns like that insurance pattern, not that all of them do like newsworthy insurance buy of Mr Buffets %% /LOL:D:D.
Most of the millionaires in stock market are buy every month for 40 years + market makers/specialists. You may do well between those extremes.:caution::caution:
 
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