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: James Strauss who wrote (7984)	2/22/2001 11:50:09 AM
From: Jibacoa	Read Replies (1) of 13094

JIM: The DOW's short average is below the intermediate on the daily chart: futures.tradingcharts.com On the monthly chart it has been on a sideways direction for a while. We certainly are not having the favorable pattern that we had from early 1995 to Dec 1999 (with the exception of the 1998 dip): futures.tradingcharts.com The NASDAQ on the daily chart also shows and unfavorable pattern at present: futures.tradingcharts.com On the monthly chart it has not corrected the downtrend coming from February last year and it seems it may test support at the 2000 level: futures.tradingcharts.com We may see an upturn soon, but I don't see a green light as yet. RAGL Bernard

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