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 (9889)	9/25/2001 10:45:33 AM
From: James Strauss	of 13094

On Sept 20th there was a hint of market bottoming... Message 16385532 We saw extremes in the VIX and New Lows... If the VIX falls below 37 it will be a positive sign... stockcharts.com[m,a]daclyymy[pc13!d20,2][vc60][iLa12,26,9!Lc20!Ld20!Lf!Lg!Lk14!Lp14,3,3!Ll14] Today the market is advancing in the face of weaker consumer confidence news... Whenever the market moves contrary to the financial news it's usually good to follow the market rather than the news... stockcharts.com stockcharts.com Nasdaq still has to close above 1600 to change the downtrend... stockcharts.com[m,a]eaclyymy[pc13!d20,2][vc60][iLa12,26,9!Lc20!Ld20!Lf!Lg!Lk14!Lp14,3,3!Ll14] Note the bottom Island Reversal... A gap going down and a gap going up... We could see a support test in the 1460 area... Jim

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