View Full Version : Golden Cross
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1980-2005
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Birchtree
11-13-2009, 09:19 PM
Beautiful graphs - would you prefer to see a run similar to '91-'94 or '95-'99?
fedgolfer
11-14-2009, 01:12 PM
wow... Thanks JTH. I always read about the golden cross -- usually briefly referred too. But, it is nice to see the historical perspective on it. The "false signals" were more than I thought:
-1984 looked hard to play because of those huge up days in July of '84... I wonder what the news was surrounding those events?
-fall of '88 looked easier to climb back into bull mode, psychologically
-fall of '90 also looked hard to play because of the huge up days in Jan of '91
-summer of '94 looked like you weren't punished too hard and could ease back into bull mode
-and fall of '98
-summer of '06
All in all though those crosses were pretty solid... even on the false signals it seems an invetsor wouldn't be whipsawed too severly if he had the strong bullish tilt as long as the price was above the 50 day moving average.
THANKS JTH. This really tells me the KISS method is a good way to go long term. We need to chronicle this, because i'm sure i'll forget it in the emotions of bear markets.
GUCHI
11-24-2009, 04:21 PM
wonderful graphs JTH . they were easy to understand!! the future looks good to me. everytime we hit a bottom the S&P would come back stronger over time. I knew there was a reason why I tell my sons "time is on your side, use it" thanks again to all and MB. ready for some fried turkey !!! Happy Turkey Day !!!
what are the red and green lines?
charts are fantastic, btw :D
Birchtree
11-24-2009, 06:09 PM
Green lines=50 day moving average.
Red lines=200 day moving average. The golden cross is when the green crosses the red on the upside.
I see - looks like its good to signal big bull markets are near at times.
Going by this we are in safe territory at the moment.
And the C is going right up to the break even point now
(wish the I fund would follow) :cool:
Birchtree
11-24-2009, 06:39 PM
Look at the years 1995 through 1999 - that is what is in our future according to Birchtree.
WorkFE
11-24-2009, 06:42 PM
I like the BT future.:cool:
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