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 (9171)	7/10/2001 2:13:28 PM
From: James Strauss	Read Replies (1) of 13094

William: I also view my 401k as a long term investment... But, right now my short term priority is to preserve capital... That's why those accounts are in cash... As I stated on July 5th, once there was a failure at Nasdaq 2175 it continued the downsloping Bear pattern... Message 16032876 I hope you're right about the G7 + G wiz... : > The 2000 area on the Nasdaq has been breached today... There is a stair step series of supports at 1900, 1800, 1700, and 1600... 1900 is not as strong as 2000 was... It's likely that a breach of 1900 could bring about a triple digit decline in the Nasdaq as it speeds towards 1600... Will the G7 + G wiz get there in time? Let's see... We have the corporate protectionist gang in Europe, an old economy Aluminum guy, and G wiz... I'm not feeling very confident about the results of this group hug... : > I understand that Putin has a Flea Market booth set up with samples of U235 and rusting ICBM's... If we get a bounce I'll play it... But, I'm not holding my breath... : > Good going on those Rats... As for DELL, 27.00 looks like a good put or short... Jim

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