This Fixation on Levels
These days it seems everyone is watching "levels." In the past, folks maybe paid attention to the 50- and 200-day moving averages. Now it's the 20-day moving average, as well, and I even see many fussing over the nine-day line. What's next? The two-day moving average?
But, with that in mind, I realize there are essentially four charts on which I believe many will focus in the next week or so, since their "levels" are so close....519 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.