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 wrote (9666)	9/6/2001 12:53:26 PM
From: Jibacoa	of 13094

Jim: The DOW is now below its 8/30 double-bottom Yesterday's L was around 1.20PM so the next 90 minutes will be "interesting" It is now below its earlier (10.00 & 10.05AM) double bottom at the 9,880 and has been on a steady intra-day downtrend after a double top(again on the 5 minutes chart.<g>)at 10.10 & 10.15AM at the 9,988 After that 100 points "up-swing" on 10 minutes (10.05 to 10.15), it is now trading almost 45 points below its intra-day double-bottom (now at 9,845)<g> Will see if it can retest the 9,880<g> Again, it seems better to play on a very short leash.<g> RAGL Bernard

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