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 (4961)	9/5/1999 1:59:00 PM
From: James Strauss	Read Replies (1) of 13094

The Market... *************** We have mixed signals in the market... There is a relative improvement in the number of stocks hitting New Lows... decisionpoint.com The McClellan Summation Index is at a "Critical" juncture... It either makes a mini Double Bottom and moves up or breaks down and takes the market with it... decisionpoint.com There is a slight improvement in the Advance/Decline line... decisionpoint.com The Put/Call Ratio is flat... We need to see more Puts to support a Contrarian move up in the Market... decisionpoint.com Trin is neutral to slightly positive... decisionpoint.com So... We don't have a clear cut buy or sell signal... We are more in an "indicator of the day" reactive mode... Strong bull markets are not reactive, they're proactive... They climb those walls of worry... Tentative markets tend to whipsaw investors... Right now we are in a tentative market... Jim

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