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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 (5786)1/26/2000 10:28:00 AM
From: Jibacoa   of 13094
 
JIM:

As I said before, I was expecting the "market" to recover somewhat yesterday and today, but am afraid that tomorrow and Friday we may resume the down-trend.

Today the DOW is back above the 11100 level.

If the DOW closes below the 10850 level before the weekend IMHO we could see a sharper drop on Monday.

I prefer to keep some cash handy just in case.

Regards and good luck.

Bernard
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