RE: chart - MessengerHi MOD, welcome to Stockhouse and the Bombardier board.
"chart experts you opinion please.....50MA is about to go below 200MA.....thats not a good sign, is it?"
Despite what some technical experts would have you believe, charts tell you where a stock has been - not where it is going. When a company's 50 day moving average moves below its 200 day moving average that's simply an indication that it has dropped quite a bit over a rather short period of time.
While that can sometimes be an indication of new negatives hitting supply and demand for the shares it can also come about as a result of more people deciding to sell at the same time.
And as Buffett likes to quip,
"Why should I sell my stock simply because someone else has decided they don't like it?"
When you give weight to moving averages what you're doing in effect is following the crowd and buying whatever they decide should be popular.
Better strategy, in my view, is to try to find good quality, honest, innovative companies which happen to be down because of factors outside the control of management. Buy hem before the crowd cottons onto their inherent value and stick with them for the long haul.
Of course that's only my take, and it's obviously a suspect perspective since, as a long time shareholder, I have a vested interest.
So, you probably shouldn't take what I (or anyone else for that matter) says too seriously - except to the extent that it makes sense to you.