About this :
Watch the Economy And Stock Market Update October 30, 2009 video, Economic Collapse Update Note - I Mention A Rising 50100 Day Moving Average On VIX. In Order For The 100 Day To Hold It Needs To Close The Following Week Above 30.03 And The 50 Must Hold The 25-26 Area For The Next Little While.
Many Analysists Would Say That The Averages Are Flat At Best, Because Of The Big Move On The Day Of Almost 24. This Is Big That It Gained This Much, Showing More Signs Of A Potential Top On The Market.
It Is A Matter Of When This Happens, Which Is Why Going Long Is Best To Be Cautious In Some Form.
The SP 500 Is Below The Rising 50 Day Moving Average And We Are Now Seeing Similar Signs Of 2008.
Big Losing Day Wed, Followed With Big Movements Up On Thursday And To Lose It All And More The Following Day.
The Fundamentals Point To Selling, And The Technicals Are Showing It In Many Forms.
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