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 (8936)	6/8/2001 12:11:16 PM
From: Bucky Katt	Read Replies (1) of 13094

Jim, the problem with that line of thinking is it is inflationary, and does nothing to stop banks from repeating past mistakes.. In the meantime, as I said before, those productivity/wage cost numbers out earlier this week point to a grossly overvalued condition in the indexes. Go back and look at index values from 1992, that is where those numbers are pointing. And my short stance on them (ndx spx dji) is adding value every minute so far today. I think I will cash out before the end of the day depending how hard we drop. And on the flipside, many of the rat stocks are perking, many taking out new 52w highs, which is nice, cause that is where the real value in this market can be found, the good little stuff that gets ignored...http://www.siliconinvestor.com/readmsg.aspx?msgid=15913964 BTW, FIVE, the old rat PARA, was on my list too....Always a good trader.

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