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: Chisy who wrote (5876)	2/20/2000 12:01:00 PM
From: James Strauss	Read Replies (3) of 13094

The Market... **************** I heard the McClellans on local TV in LA say they felt that another day would show us a bottom. They sounded like they would turn bullish within a day. Tuesday there will be panic selling after the public reads the head lines and commentary from bearish angles. It might turn by the end of the session Tuesday or on Wednesday. We are over sold. Any comments? Chisy: It's possible we may be nearing a panic selling bottom or another leg down in the correction... Until I see the prices start heading up and the moving averages bending up and a smaller number of New Lows on the NYSE relative to the New Highs, I'll hang onto the cash in my mutual fund accounts... [:>] Jim

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