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: Jibacoa who wrote (5031)	9/8/1999 5:34:00 PM
From: Jibacoa	Read Replies (2) of 13094

Jim: RE: Average lines. I sold APLX today at 20 1/2 when it made a triple top above 20 3/4 on the 5 minute chart. I am ready to buy it back if it consolidates around the 18 level, or back at 20 if it resumes the uptrend on the 5 minutes chart. On the daily chart it is still above the average lines, but it may come down to close the up-gap of 8/27. The 13 day average seems around 14. The people at Fidelity have established a good % position on it and the Linux trend seems for real. I don't think the 555 or 999 issue is going to affect the market tomorrow, but the "October factor" and the approaching "Y2K" are still looming ahead. Regards and good luck. Bernard

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