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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote ()4/17/2000 1:51:00 PM
From: Jim Goodman  Read Replies (2) of 18691
 
hi, Roger, and all: just a quickie, in weekend new chartbooks, I saw a record number of NASDAQ techs already fallen right towards their 50/200 D. Moving Averages as V.S.T. support/likely exhaustion levels, wow, almost perfect.....and, the A/D oscillators are almost as oversold as were in summer 19998, when I gave big bull signal on T.V.

but I do NOT think this bounce potential as good as that one was, and recommended holding much more cash than normal, and actually doing very little longside buying, yet....here, best wishes to y'all, keep in touch, if I can help, or teach any patterns, please let me know....
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