Stock Market Panic In Progress: S&P Is Now Right On Its 200-DMA, Largest Tax Hikes In The History Of America Imminent, Rail Traffic Turned Down Sharply This Week, Global Credit Cycle Lurches Down, People In Spain Are Experiencing Inhumane Situations, And Greece Unlikely To Get Bailout Next Week

Investmentwatchblog.com
November 10th, 2012

TRADER ALERT: S&P Is Now Right On Its 200-Day Moving Average

The Stock Market Is Tumbling Again, And It’s Right On The Infamous 200-Day Moving Average

Alert! The stock market is falling.

And the S&P is now right on its 200-day moving average (the red line in this chart) which some people see as an important “support” level.

If we break through it, some people might freak out.

The Rest...HERE

This entry was posted on Sunday, November 11th, 2012 at 3:17 am and is filed under Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.