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

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To: stomper who wrote (9119)6/26/2001 2:46:07 PM
From: James Strauss  Read Replies (1) of 13094
 
Is this organic for you, or is 3 or 5 or 6 occurrences on a pattern enough for
you to commit capital to a trade? TIA.


Dave:

I like to see at least 2 occurrences of a pattern on an index or stock before I commit capital... I try to allow for the twists and turns of the market that never shows you the same exact thing twice...

Right now the 2000 area of the Nasdaq has been repeatedly giving good support... I might get interested this afternoon or tomw...

Jim
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