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: James Strauss who wrote (6089)	5/9/2000 3:15:00 PM
From: Bucky Katt	Read Replies (1) of 13094

Yes, I follow a volume based ratio for the Naz, and when volume dries up, usually the path of least resistance is down. I think it also shows that overpriced issues need a constant supply of gas (volume) to keep the upmove in place. I just wonder if the next rate hike will be the brake?? A 50 day ma is a good indicator.. I throw in another couple of factors for the sub micro cap stuff I play with, and the volume usually starts showing up once they become marginable. Does the whole world run on borrowed paper?? Here is another interesting article about volume and such> cbs.marketwatch.com Did even better than that with ISCO. I must buy at or near the absolute bottom...and got close to the apex on the sell side. The technology is somewhat confusing, but it was a good story. I think I posted it 2 times, the momo guys did the rest.. Need your opinion on HIRI?? I would like to get in under a buck, which may or may not happen, having trouble figuring out what they are doing with it. Management has filed some 144 sells, so that may be what is working it down, along with a lousy qrt. report. Like you said, I am a bottom fisher.. Don't know if I mentioned TEVA when it was around 35, but it is looking good.

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