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 (7129)	12/15/2000 11:23:27 AM
From: James Strauss	Read Replies (2) of 13094

William: A look at the TRIN shows how bad the market breadth is... finance.yahoo.com^STI.N&d=5d New Lows on the Nasdaq are greater than New Highs by a > 10:1 ratio... finance.yahoo.com This type of market action could cause the FED to move faster on the rate cuts... Especially with industrial production falling -.2 when it was expected to grow by +.1... biz.yahoo.com I didn't think it would happen but it looks like the NDX retests the 2300 area again... I thought we'd just close the gap in the 2600 area... But we went down to 2524... bigcharts.com The good news is that we now have a gap to the 2640 area... So, we could see an explosive rally soon... The Treasury Yield Option is pointing the way for the FED to follow... bigcharts.com Jim

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