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Podcast: Money Life with Chuck Jaffe
Episode: StockCharts' Keller: 'Nothing good happens below the 200-day moving average'
Description: David Keller, chief market strategist at StockCharts.com -- the president, Sierra Alpha Research -- says that until the stock market can get above its long-term trend line and show fundamental strength, investors may want to question how good things are really getting. Keller notes that there are plenty of reasons for optimism, but 'the proof is in the price,' and he will stay skeptical until the major benchmarks follow through on major barometers. Keller notes that the 3,800 level on the Standard and Poor's 500 is a key level to watch, as if the index drops below that level...