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Bullish Aspects to Tuesday's Decline

By Helene Meisler

About this article:
Well, at least I only received one email Tuesday on the golden cross. I figure at this rate all those golden cross folks will start discussing the death, or black, cross pretty soon. Before we move on, I'd like to make one thing clear with regard to the golden cross: It's not that I think it doesn't work. If the 50- and 200-day moving average lines are rising, then it stands to reason the market also is rising. Therefore, that's not the issue. The issue is that it seems everyone is out there looking for a special signal that is going to ring a bell and make them a million bucks. It just doesn't happen that way. There is no signal that works like that. If there were, would we all be working so hard at this game we call the "market"? Over time I have discussed the...

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