Tuesday, August 16, 2011

S&P death cross

Amplify’d from ftalphaville.ft.com
We aren’t big fans of technical analysis, but a lot of people are — which is why the following is generating a lot of interest in the City.
It’s called a death cross and it’s triggered when the 50-day moving average crosses below the 200-day average. Apparently if you had followed the “sell” signals generated by this analysis going back five years, the P&L gain would have been 56 per cent.
Read more at ftalphaville.ft.com