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: j g cordes who wrote (5974)	4/5/2000 2:46:00 PM
From: James Strauss	of 13094

Good analysis Jim... The FED has gotten what it wants, a correction... It is also getting some weakness in the economy based on February's economic numbers... A 1/2 point hike is now out of the question... It's even possible that the FED may consider going neutral at the next meeting as those prior rate hikes begin taking effect... As for buying market leaders when they're down, I bought YHOO and CSCO in last fall's Nasdaq correction... Even in the best market years there are one or two corrections where bargains are available in quality stocks... The Biotech and technology funds are also looking good after this drubbing... Buy em' when they're cheap... : > Jim

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