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 (7815)	2/7/2001 1:21:24 PM
From: James Strauss	Read Replies (3) of 13094

William: I own one Banking stock, BAC, up over 50% since December... I've owned it through three mergers starting with Barnett Banks... With interest rates falling the banking sector will benefit... Agreed that the Biotechs are holding up well... The Nasdaq shows falling Moving Average violations... stockcharts.com All indicators with the exception of MoneyFlow are dropping like rocks... This suggests that people are still trying to play a bounce... It looks like we'll have to retest 2500 on the downside before another try at the 2800 area where a short term downsloping trendline sits... Jim

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