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

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To: Chisy who wrote (8176)3/13/2001 1:46:17 PM
From: James Strauss  Read Replies (1) of 13094
 
Chisy:

Thanks for the Nasdaq/1929 Dow analysis... Kinda Scary... But these are different times... The FED is more quicker to act today than in 1929... We don't have the kind of international trade barriers we had back then... We don't have 10% margin requirements as we did in 1929... We have improved structural productivity and nearly instantaneous communications... We have the experience of 1929 and 1987 to guide us... All we need now is for someone or something to light a fire under the FED's lower posterior... : >

Jim
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