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: Bucky Katt who wrote (8461)	4/18/2001 1:36:45 PM
From: James Strauss	Read Replies (1) of 13094

William: When Dow 9600, SPX 1100, and Nasdaq 1800 refused to buckle under all that bad news, it gave all the signs of a bottom... Add to that the 1/2 point FED rate cut, and you have a platform for a market turnaround... The SPX smashed through the upper Bollinger Band at 1200 today... bigcharts.com The 10 day chart gives us a more graphic view of the opening of the jaws of the Bollinger Band... bigcharts.com This usually precedes a rising Bollinger Band channel as the prices move to higher levels... The next test is in the 1290 to 1300 area... Jim

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