Archive for January 8th, 2009
200 DMA
Bespoke had an interesting chart a few weeks back on the 200 day moving average. We can basically see that from this chart, whenever the market gets streached past 20% from the 200 MA, its a good time to get out of the way. and 40% is basically a cue to go the opposite direction.
of course the 40% mark only happens about 4 or 5 times a century so…
source: Bespoke
