Letters of the Week

Timing the death cross, pension withdrawal limits, and invisible death duties.

I have just read Percy Allan's article, Why this bull may run faster, in which he says: “The chart below provides a crude safeguard based on 50 and 200-day moving average crossovers that you can apply yourself. Next time the red medium-term of the All Ordinaries index falls below its blue long-term trend (known as a Death Cross), exit the stockmarket to avoid the possibility a correction becoming a crash.”

That sounds really good, but could Eureka Report let us know when that “crossover” occurs? Because Allan’s right when he says “there’s no better feeling than being out of the market when it’s tanking.”



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