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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 (9275)8/3/2001 1:05:21 PM
From: James Strauss  Read Replies (1) of 13094
 
William:

This comparison chart between BBY, CC, and SPX says it all...
stockcharts.com

Better operations will usually do better than their competitors in good times and bad...

MOT still sits above its 13 day MA... A break below 18.50 sets up a support test in the 17.00 area...
stockcharts.com If 17.00 is tested and fails, the next level of support is in the 15.00 area...

As for the employment numbers, all those layoffs have not yet been factored into the numbers... Unless there is a dramatic economic turnaround fast we'll begin to see the unemployment rate creep up towards the 5% area in the coming months... ftp://146.142.4.23/pub/news.release/mmls.txt (Copy and paste to browser window to get there)...

Jim
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