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: Bucky Katt who wrote (6107)	5/11/2000 11:54:00 AM
From: James Strauss	Read Replies (1) of 13094

CHRZ... SEBL... William: CHRZ has a better intermediate term risk/reward ratio... quicken.com But SEBL has a better looking short term chart: pvcharts.quicken.com The Nasdaq is reacting positively to the weak retail numbers... quicken.com This is a double edged sword... Weakening consumer demand could soften the rate hike blow in the short run, but could also soften corporate profitability... A close above 3400 would be a positive... Then we need to stair step back above 3600, 3700, and 3800 closes... The three major indices are trying to put in a bottom here: quicken.com Still troublesome are those New Lows on the Nasdaq running at a 3:1 ratio to New Highs... Jim

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