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

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To: Jibacoa who wrote (8269)3/22/2001 6:48:42 PM
From: James Strauss  Read Replies (2) of 13094
 
So from now on, forget about the interest cuts and just keep an eye on the "monetary
base".<g>


Bernard:

I believe they added something like 75 to 80 billion dollars just before the end of 1999... But, the last two rate hikes set up this economic and market slide... Maybe we should Replace the FED with a computer program that tracks the 3 month Treasury Bills... : >

The 1800 area on the Nasdaq is looking ok for now as support... Using a 1:5 ratio to the Dow, we should see the Dow make a stand in the 9000 area...

Jim
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