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

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To: Cush who wrote (7094)12/4/2000 11:40:51 AM
From: James Strauss  Read Replies (1) of 13094
 
Are We There Yet???
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Cush:

Thanks for the Contrarian Investor link...

A look at the one month NDX chart shows the 2 day and 4 day MA descending...
bigcharts.com

Momentum is below zero and MACD is negative... William's %R is neutral to positive...

I'd have to see the 2 day MA cross the 4 day MA to the upside along with Momentum, MACD, and William's %R before I'd say we have a bottom... We would at least have to see this happen on the one month chart... Then, I'd be looking for a crossover of the 13 day MA, presently in the 2740 area... Until all this happens, we remain in the claws of the BEAR...

Jim
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