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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jorj X Mckie who wrote (43452)9/13/1999 2:40:00 AM
From: Brad Bolen  Read Replies (1) of 94695
 
Jori,

My limited experience has found that it makes a much bigger difference if the trend of the 200dma is down. They are still clearly up on most of the leaders. The opposite is true when the 200dma is moving down. I have made some big bucks betting against a stock's recovery when it had its 50dma breaking up through the 200dma when the 200 was in a down trend.

One thing is for sure (the other posters mentioned), I bet this week is a humdinger for volatility in these stocks!

RE: Brad,
I was looking at the charts that you put up. I thought it was a bad thing when the 50 dma crossed below the 200 dma.
And this seems to be the case on all of the charts.
JXM
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