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 (8467)	4/18/2001 12:07:17 PM
From: Jibacoa	Read Replies (1) of 13094

JIM: THE MARKET: With the FED's 1/2 point cut today we have the NAZ finally over the 2000 mark (It had an up-gap to 2027 even before the news<g>) and it seems it may close above the 2100 today. The DOW is now looking for the 10,700 and if it keeps its present momentum should try the March's double-top at the 10,850 level pretty soon. Its main nearest resistance is at the 11,035 and then the 11,400 level from last year Sept.H of 11,401 and the Apr. double-top at 11,425. Things are looking better for a change.<g> RAGL Bernard

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