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 (9888)	9/20/2001 12:11:43 PM
From: James Strauss	Read Replies (4) of 13094

Market Breadth Looks Bottomish... **************************************** With New Lows on the NYSE and Nasdaq overpowering New Highs by a magnitude of 30 to 1 to 40 to 1, it is suggesting that we are seeing end of the year tax selling early... finance.yahoo.com If we count off 31 days from Monday, Sept. 17th, we could see a nice rally as individuals and institutions buy back into the blue chips that are being sold for tax purposes... So, I'd be looking for a mid to end of October rally... Note the huge gap in the Volatility Index... We could have the setup for an Island Reversal... stockcharts.com[m,a]daclyymy[pc13!c50!d20,2][vc60][iLd20!La12,26,9!Lc20!Lk14!Lg!Lp14,3,3!Lw25!Ll14] finance.yahoo.com Jim

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