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 (6849)	10/13/2000 10:32:44 AM
From: James Strauss	Read Replies (1) of 13094

William: The market seems to be shaking off the retail and PPI numbers... This is the first time in a while that we've seen this... With the Vix and put/call ratios at 5 month highs we might be seeing the bottom... The margin calls are running their course... Once the institutions start wading in we should see a sustainable turnaround... What better day to do it than Friday the 13th... : > The 10 day chart of the NDX is showing a possible SAR reversal... Williams %R, MACD, and ROC are positive... bigcharts.com GE, a market proxy is also breaking out of its SAR channel... bigcharts.com Still negative are the New Lows to New Highs ratios on the NYSE and Nasdaq... finance.yahoo.com These extremes are indicative of what we see near or at bottoms... Jim

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