Ron-V

Moving averages say buy, but the market says ?

Corto
NYSE:MCD   McDonald's Corporation
MCD usually does quite well from Sept to the end of the year (up 11 of the last 13 years I believe). But if the market crashes....well let's just say that buying on Friday could be a mistake, regardless of what the moving averages are saying (read between the dotted lines). Is it just me, or has all of the reactions to news events made this a common pattern this year; and if so should we ignore it?

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