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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.21+0.2%4:00 PM EST

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To: Clint E. who wrote (22729)8/11/1999 5:19:00 PM
From: d. alexander  Read Replies (1) of 69375
 
For a short-term moving average I use the 13dma. It seems to be a difficult spot for many stocks. Noticed that DCLK was back & forth today, but got through - only to hit the same uptrend (where, I believe, you sold last week) & fall back to the 13 as support (so far).
Yahoo just got to this line today & fell back promptly, so am wondering if it might be in for the same struggle tomorrow, also having an uptrend above its 13dma. Above that the 26/200/40 are not so tightly bunched on YHOO as DCLK.
And the PPI factors in....At least the SPX close seems optimistic - per Harry's wisdom. The SPX has just entered my field of vision <g>

d.alexander
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