thursday trauma, page-125

Posted a chart of the dow. Obviously last night was a big green night and there's some short term upside here.

However, I do remember the 50/200 sma's crossing over recently, so I am still very cautious longer term.

Last time they crossed down was Jan 2007, after which there were some big moves UP and DOWN. It later tested the 200sma and failed, then retested and failed.

Some good money to be made here, but still wary of the longer term trend.