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 (6595)	8/31/2000 11:55:55 AM
From: Bucky Katt	Read Replies (2) of 13094

Jim, past history indicates that going short on some of the indexes after a big run into the last day of the month proves to be a real nice trade. A drop to 11,000 on the djia and 4,000 on the naz would not surprise me in the next 1- 3 weeks. The technical crossovers in the M-2, which I watch very close, indicate rough waters ahead. How much ahead is the big question, what with the election around the corner. Not touching the ndx or spx right now. Besides, the puts are pretty cheap right now, making them cheap insurance.

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