[shaunattwood]

PCABC,
As far as I'm concerned, we are in a bear market rally. these rallies often take individual shares and some indices above the hundred and fifty day MA, but as long as the slope of the major indices is down, I'm not concerned by minor violations. The problem with being short in a bear market is that the rallies are long and protracted, shares actually spend more days going up, and the falls are sudden and steep. I use the MACD in conjunction with everything else. It doesn't work so good in a bull markets, but if you go back to the previous bear market of 2008, it worked like a charm, and it's been 100% accurate in the present bear market. As soon as it rolls over and crosses - from I predict around the 200 line - I'm massively going to increase my shorts. When it reverses again and crosses from way below the zero line, I'll be closing out my shorts.