ST Alpha - ""The Dow trading below its November lows and closing at its lowest for seven years is hugely significant and is ominously a major sell signal in its " (Reading a Post)

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"The Dow trading below its November lows and closing at its lowest for seven years is hugely significant and is ominously a major sell signal in its

Posted by Loyola Feb 21 '09, 09:23

own right."

http://www.guardian.co.uk/business/2009/feb/20/ftse-fall-dow-jones (www.guardian.co.uk)

Responses:

First time the Dow ever hit this level was at the end of May 1997. -- nm - Max Feb 21, 11:23
sell Low, buy High! -- nm - Stewie Feb 21, 09:27 2
- so true -- nm - dumbo dippinfanny Feb 21, 10:26
- Are you sure that's right? Cause something seems off in that advice... - Cuzzin Todd Feb 21, 09:54
I'm always wary of The Guardian. It seems they have just as much of an agenda as many press outlets here in the States. -- nm - Qale Feb 21, 09:25
do you just type "we're all screwed" into google each morning? -- nm - Reagen Feb 21, 09:25 1
- It's evening here. -- nm - Loyola Feb 21, 09:27
I'd see it as a major BUY symbol. -- nm - nubby Feb 21, 09:25 5
- I wish you luck. -- nm - Loyola Feb 21, 09:26 4
  - Dollar cost averaging. Helps take some of the luck out of the equation. -- nm - nubby Feb 21, 09:30 3
    - But then technically, according to that method of investing, every close of the Dow could be viewed as a buy signal. -- nm - Loyola Feb 21, 09:33 2
      - if the close i low it has to be yes -- nm - Dane Duke Nuuk Feb 21, 10:36
      - Yup. -- nm - nubby Feb 21, 09:38

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