28 February 2008

SP 500 Tops in Recessions: 2000-3 compared to 2007-9


In each case the 20 week moving average curls under the 50 week moving average.
Although we generally use the 26 week and 52 week moving averages the principle
remains the same. We have seen a very significant crossover and a probable top
marking the start of what looks to be an economic recession.

Lets watch its progress.















(and a tip of the hat to Elvis_Knows for the nicely visual graphics. Thank you, thank you very much.)