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: James Strauss who started this subject	11/14/2000 12:02:01 PM
From: Cush	Read Replies (1) of 13094

FWIW, I think we're seeing investors willing to accept the potential for further downside risk because they feel there will be a bounce (at least) when the election issue and the Fed position are settled and known. For my part, the markets have finally made me suspect any rally. I'm not willing to enter even a stink bid on some of the stocks I follow closely. If this rally fails this afternoon, I'm expecting quite a sell-off. If the Fed adjusts its position tomorrow, I'm expecting quite a rally. I'm about 40% cash. I'll be happy with either.

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