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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 (5837)2/9/2000 3:10:00 PM
From: Jibacoa  Read Replies (2) of 13094
 
JIM:

I am glad to see you are more optimistic about the "market" nearest trend than I am.

As I said before ( #5820) I would like to see the DOW closing above the 11,100 level and in the past few days in spite of the # of advances going over the # of declines yesterday, the DOW has not been able to close above 11,000

You said before:

<<<The 60 minute chart of the S&P 500 shows the 5 day MA above the 13 day MA since Jan 31...

siliconinvestor.com have a trend in place...>>

However, the 5 day MA is now turning below the 13 day MA. I hate to be so pessimistic, and could be wrong. I had a very GOOD January in spite of my poor omen on January 4th. I hope the same thing happens this month, but I am playing it much more conservatively until I see a greener light ahead

Regards and good luck.

Bernard.

P.S. Of the stocks I mentioned on # 5820 WAVC had been doing well until today (down 20.30% today). SLNK & NRX are still trading higher.
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