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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 (7174)12/22/2000 1:16:47 PM
From: Bucky Katt  Read Replies (1) of 13094
 
Jim, I am seeing quite a few stocks that have been putting in 2 day or more up days, so maybe we are set for a reversal, regardless of the a/d line?
The NYSE has set a new short interest record, and since I don't follow the crowd, this is getting me to think just what might cause a reversal. I am hearing people talk about a 1/2 point cut in January, so I think it might be prudent to lay out some 3-6 month index calls, sort out individual stocks to go long on as they show up. Anyway, that is my current thinking, I smell a change of sentiment in the air.

ps, I like the dancing snowman.....and, if anyone happens to be up in beautiful Lake Geneva Wisconsin tonite, I will be watching my youngest son's band at Thumbs Up, 260 Broad street. I am the guy who looks like a younger Richard Dreyfus.....
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