Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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

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To: NewKit who wrote (1034)	4/30/1998 12:09:00 AM
From: James Strauss	of 13094

NewKit: Unless you're daytrading for quick profits you have to go with the longer term Moving Averages and indicators... We never know that a top has been reached beforehand... It's always in retrospect... We have technical clues, resistance, volume, MoneyFlow, etc., that give indications... Resistance combined with slowing volume and negative MoneyFlow do coincide with a good % of tops, but not always... Throwing Fundamental Analysis into the mix can also help make a top determination... Jim

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