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 (6445)	7/28/2000 12:23:38 PM
From: James Strauss	Read Replies (1) of 13094

Jim, as I said a few days ago, the intra-day damage in the nasdaq is serious. They just keep kicking out the support beams. That gdp # took the "experts" by surprise today. They really took APCC out and hung it. Expect more of this type of action in the next few months..... Good points William... The 3600 area on the NDX was smashed today... bigcharts.com The 5th and 6th rate increases are just about to begin affecting the economy... An August rate hike could harden the economy's landing... With this pervasive fear in the market, people are looking for safer havens for their money... The execution of APCC this morning presents a good oppty for the intermediate term investor... The Rat Dogs may like it... : > Jim

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