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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 (9661)9/5/2001 6:26:39 PM
From: Sergio H  Read Replies (1) of 13094
 
Jim, barring some unexpected bad news, I think that the market (including the Naz) is set for a rally tomorrow. Naz is within easy reach of April gap fill....

stockcharts.com[m,a]daclyymy[pc13!c50!d20,2!a1700][vc60][iLd20!La12,26,9!Lc20!Lk14!Lg!Lp14,3,3!Lw25!Ll14]

...and according to rumours coming out of Morgan Stanley, INTC might not have to lower guidance in its midQ call tomorrow, and may be able to hit the midpoint of the revenue range.

Thanks for the background on O'Neil and Rubin. I appreciate your insight and opinion.

Speaking about the strengh of the dollar, apparently the rise in the yen is due to new accounting rules in Japan. The new policy has forced Japanese companies to keep more cash on hand. To comply, the Japanese have been withdrawing money from our markets, inadvertently making the yen stronger and the dollar weaker.

Sergio
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