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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who started this subject12/3/2000 5:36:16 PM
From: Cush  Read Replies (1) of 13094
 
Jim and Group. The following link was posted by the Swami on the Canadian DayTraders thread.

contraryinvestor.com

I don't normally follow or read the Contrary Investor
but in this case I thought the Nasdaq consolidation charts were interesting.

It seems that the stocks I'm charting fall into two groups.

Most are showing a grossly oversold Stochastic signal, and a downtrending MACD.

A few are showing rising MACD momentum lines (maybe even crossing the zero), and an overbought Stochastic signal.

Nothing clear, as I see it.

Cush
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