MORE TRADER FOOD

Looks like another cross of the 50 day SMA over the 200 day SMA, sometimes referred to as the "golden cross." I tend to agree with Trader Mike who says buying and selling these crosses is getting in late in the game. Witness the "kiss of death" when the cross went the other way back in mid July. A sale then as the 50 crossed under the 200 pretty much nailed the bottom of the recent range. And with CNBC's Carl Q asking the prescient question of whether now is the time for the consumer to buy an SUV; Who writes this stuff for these "journalists."