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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: rick strome who wrote (236)3/30/1998 11:19:00 AM
From: James Strauss   of 13094
 
Rick:

The Thread really should have been called the 13 Week High instead of 13 Week MA... The 13 week high is where many future winners come from... Many times the 13 week high and 13 week MA dovetail...

I agree that buying these stocks at their 13 week MA crossings would have gotten you in earlier, but many stocks cross their 13 week MA and then retreat... Those crossing their 13 week price high tend to have more staying power in their moves... So, while we may not get the early points in an intermediate term breakout, we should get the lion's share of the move... It works for me... : >

CAND and HAUP are up today...

RNTK and PRX are up strongly today...

Jim
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