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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Jibacoa who wrote (7987)2/23/2001 12:34:11 PM
From: James Strauss  Read Replies (1) of 13094
 
Bernard:

The crowd is usually wrong... There is still too much of a smug anticipation of a turnaround... We need more disbelief as the techs get hammered... We still haven't seen that panic bottom where the good is sold along with the bad... We need to see bullish sentiment fall below 30% for several weeks... The big pickup in Nasdaq New Lows suggests that we'll be seeing this soon...

Jim
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