We're at the start of a boom. It could be THEE boom which leads to hard take off in technology.
NASDAQ @11yr. high
(2 posts) (2 voices)-
gmike555
MemberAlso the tech heavy S&P 500 just broke above the apparently bullish "Golden Cross". That's when its 50 day moving average crosses above its 200 day moving average. This only happened 26 times in history and over 80% of the time the S&P was higher 6 months later.
http://blogs.wsj.com/marketbeat/2012/01/31/its-official-sp-500s-golden-cross-takes-shape/
average.http://en.wikipedia.org/wiki/List_of_S%26P_500_companiesPosted 3 months ago #
Reply
You must log in to post. If you haven't created an account yet, click here.