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 (7084)	11/30/2000 11:20:56 AM
From: James Strauss	Read Replies (2) of 13094

Are We There Yet??? ******************** The NDX looks like it's heading towards the 2300 area... bigcharts.com There has been a nearly 2 year price retracement... If 2300 doesn't hold, we could test the 2000 area... New Lows are at or near extremes seen at bottoms... finance.yahoo.com One or two days of Nasdaq New Lows >1000 should imply final climax selling... On the bright side, the mood is so gloomy that we are finally seeing capitulation by way of all those big name tech downgrades... The final straw should be the pre-announcements in the next 10 days... We could still have a Merry Xmas... : > Jim

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