Friday, April 11, 2008

S&P 500 Testing 50-Day Moving Average

With today's market declines, the S&P 500 is in danger of breaking its short-term uptrend line as well as its 50-day moving average. The index is currently trading just a half of a point below its 50-day moving average and will need to close above that level for the uptrend to hold.

Spx50day

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.