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Strategies & Market Trends : Three Amigos Stock Thread

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To: Galirayo who wrote (21863)11/8/2000 8:16:41 PM
From: Ken W  Read Replies (1) of 29382
 
Ray:

"any idea on the SOX"

YUK!! 207.61.23.98

Looks to me like it could go down and test the lower BB then MAYBE bounce back up to the 10eMA. Until things improve enough for the 50 to cross back over the 200dMA it will be nothing more than a risky trader.

S. Weinstien says in his book "Making Money in Bull and Bear Markets" "Never buy a market under its 200dMA except for very short term trades".

Ken
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