Here is more on the 200dma. Again, no reason to panic today as we are back where we were in early June an much of the fear is what has already driven the markets down. JMHO of couse.
Amplify’d from finance.yahoo.com
Below 200-Day MA - False Alarm or Historic Sell Signal?
In terms of prominence, the 200-day moving average (MA) is the VIP of technical indicators. The 200-day MA is perceived to be the dividing line between a stock that is technically healthy and one that is not.
See this Amp at http://bit.ly/9fRhzb
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