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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 (7172)12/22/2000 12:42:10 PM
From: Bucky Katt  Read Replies (1) of 13094
 
I had expected the indexes to crack by now. Some of the futures markets close early today, so that might have an effect, or not, I just don't know. INTC has broken down, that should indicate something.....I sure do luv NEWP....

Happy Holidays & Seasons Greetings to all here.....

Oh, almost forgot, 15 & 30 year mortgage rates are both down close to 100 basis points (1%) from where they were 6 months ago, which leads into my weak dollar, FED behind the rate curve scenerio. Euro still gaining on the USD.
If they really open the liquidity spigots, we want to be heavy long, but all the signals are not in place, yet.

Here is an interesting story.
quote.bloomberg.com
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