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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 (9260)8/1/2001 12:30:45 PM
From: James Strauss  Read Replies (1) of 13094
 
William:

The positive Chip news has moved the Nasdaq above its 2050 downsloping trendline...
stockcharts.com[m,a]daclyymy[pc13!d20,2!i][vc60][ilc20!la12,26,9!lw25]

While consumers continue to spend there was a dip in construction spending... Something has got to give... Will the tax rebate checks continue to pump up consumer spending, or will the reduced corporate spending and the resultant layoffs cool off of the consumer spending... Since August is one of the trickiest months for the market, we're likely to get our trick or treat answer before Halloween...

Jim
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