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 (9575)	8/30/2001 1:01:15 PM
From: Jibacoa	Read Replies (1) of 13094

JIM: In today's kind of market is best not to make too far advanced projections.<g> It is not good to buy stocks when they are out of season and if in spite of that one falls to temptation and decide to do it, is best to keep them on a short leash.<g> LPTH Had an up-move that started with a buy signal on the 15 minutes chart at 3.15 PM on Aug.28 with pretty good volume (290,400 shares were traded in 15 minutes as the price moved form 2.55 to 2.77)The highest 15 minute volume since then was around 1.45 PM yesterday (41,500) with the price fluctuating (O=3.34 H=3.61 L=3.31 C=3.31) Today there has been profit taking on low volume. It started early with 9,000 traded in the first 15 minutes and the price down from 3.99 to 3.60 I am watching it to see if it is worthwhile to buy back at the support (3.16 to 3.20)depending on market's condition.(I still don't like this market.<g>) The immediate trend is still down.<g> Take a look at the change in OBV.<g> siliconinvestor.com RAGL Bernard

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