On Tue, Dec 16, 2008 at 4:01 PM, Michael Madigan <[email protected]> wrote: > The Dow came broke through the 50-day moving average to the upside after The > Federal Reserve dropped key interest rates. This is good news for anyone > that owns stocks. If the Dow can remain over the 50-day moving average for > another day, this would probably be a buy signal for the near term and it > should test the 100-day moving average. This is still a volatile market and > investors should still be very cautious, however. This is the first time the > average has been significantly above the 50-day average since September. > > http://finance.yahoo.com/q/ta?s=%5EDJI&t=6m&l=on&z=l&q=l&p=m50,m100&a=&c= > -----------------------------
<http://www.cnbc.com/id/28258416?__source=RSS*blog*&par=RSS> The move could be construed, Cramer said, that Ben Bernanke had finally admitted that the measures he'd tried so far to help the markets just weren't working. It also might have been a message to President-Elect Barack Obama that the Fed chairman wants to keep his job. There is nowhere else to go today. 0 -> .25% . -- Stephen Russell Sr. Production Systems Programmer Mimeo.com Memphis TN 901.246-0159 _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
