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

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To: Sergio H who wrote (9215)7/24/2001 1:28:26 PM
From: James Strauss  Read Replies (1) of 13094
 
Jim, hopefully the shorts aren't on vacation.

Someone has to step up and do some buying. Shorters have the best incentive at the moment.


Good point Sergio...

The 1940 area on the Nasdaq would be a good oppty for shorts to cover the index...
bigcharts.com

With the economy not expected to turn around until mid 2002, I'm not expecting much of a market upswing beyond the current trading range until the latter part of this year...

Jim
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