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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 (7672)1/23/2001 10:09:02 PM
From: Jibacoa  Read Replies (1) of 13094
 
<<Nasdaq... Next Stop 3000...>>

JIM: It seems the general market is turning into a positive mood. Let's hope we are not running into a "bear trap"

Bad news are not having the "dumping effect" it was having in past few months. Today some reports like CPQ beating the estimate by 2 cents, it made it trade after hours up $3.

If we get another one or two days like today, it seems the NASDAQ should be able to close above its intra-day H of Dec.11 (2990.83) If it does that then it could try for the Nov.6 H at 3369. That would be nice.<g>

RAGL

Bernard
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