Death and Golden Crosses: Running vs. Stock Markets
Recently, for anyone that follows the market, you might’ve noticed the recent Death Cross in the Dow Jones Industrial Average. It’s where the black line crosses the green line Basically, it means we should all panic and sell all our equities if the average closing value of the last ~3 months becomes worse than the average over the last ~12 months, because the market is about to tank. I like to look at my training the same way - my Death Cross was in November 2017, between the Cactus Rose 100 Miler (win) and Bandera 100k (7th in the national championship) where I ran a decent, but not great, race. If you bought stock in Joe, November 2017 would’ve been the time to SELL! Death Cross preceding the Joe Bear Market But, much like the current market, I’m trying to correct. I also have one thing going for me that the market does not. I just turned 40. On my 40th (actually 3 days prior) a group of us got together and ran at Bandera, which was the beginning of the e...