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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 (6254)6/5/2000 5:42:00 PM
From: Bucky Katt  Read Replies (1) of 13094
 
Only one problem, and that is calls have gotten real expensive, real fast. And puts are dirt cheap. This is an inbalance that won't/can't last long, just look at the s&p today. Kinda crudy.

We have gone from a totally oversold market to not what I would call overbought, but one in which you have to be very careful of. In one week! (indexes & big caps)

But the stocks I have been playing with are showing good gains. One in particular, ATMS, finally closed nicely above 10, which is a 600% gain for shares held since it hit the bottom. ARIA up over 100% in the past week too.

XAU is looking good, for now anyway.
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