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: Bucky Katt who wrote (8439)	4/11/2001 1:35:03 PM
From: James Strauss	of 13094

When they can polish a turd like MOT with such rotten news, I want to take some long profits.... short the DOW @ 10150, see what happens. Added more puts in MOT in the high $13's William: We are beginning to see a positive tone to the market... All major averages are trading above their 13 period MA... When viewed on the 6 month chart this suggests a change in the intermediate term downtrend to an upside bias... The Chinese agreement is also positive for the markets... The VIX and ARMS numbers are consistent with past market bottoms... As long as Dow 9600, SPX 1100 - 1080, and Nasdaq 1800 hold, we will have bottomed... I've been putting money on the table during these recent dips... Double bottom on the SPX... bigcharts.com Nasdaq trading above its 13 period MA... bigcharts.com Nice double bottom on the Dow... bigcharts.com Anything could happen in the next few weeks but the intermediate term bias appears to be to the upside... Jim

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