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Message: IAMSAM ... found it ... can you put this with your illistration from the HUB? ..

IAMSAM ... found it ... can you put this with your illistration from the HUB? ..

posted on Dec 10, 2007 05:35PM

that was a great post!!!!!!!! I got it from INVESTOPEDIA ... http://www.investopedia.com/terms/g/...

A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.

As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.

Technicians might see this cross as a sign that the market has turned in favor of the stock.

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