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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (56545)1/13/2002 2:17:44 PM
From: Skeet Shipman  Read Replies (3) of 94695
 
...?..?....3.UP...2.DOWN

Using Exponential Moving Average Indicators

Mov Avg-Exponential Indicator: DOW
Conventional Interpretation: Price is below the moving average so the trend is down.
Additional Analysis: CAUTION: The market trend has changed direction. Now the market trend is DOWN!

Mov Avg-Exponential Indicator: NASDAQ 100
Conventional Interpretation: Price is above the moving average so the trend is up.
Additional Analysis: Market trend is UP.

Mov Avg-Exponential Indicator: S&P 500
Conventional Interpretation: Price is below the moving average so the trend is down.
Additional Analysis: CAUTION: The market trend has changed direction. Now the market trend is DOWN!

Mov Avg-Exponential Indicator: RUSSEL 2000
Conventional Interpretation: Price is above the moving average so the trend is up.
Additional Analysis: Market trend is UP.

Mov Avg-Exponential Indicator: NASDAQ Composite
Conventional Interpretation: Price is above the moving average so the trend is up.
Additional Analysis: Market trend is UP.

3 up and 2 down

Greenspan:
***Future wealth effects will depend importantly on whether corporate earnings improve to the extent currently embedded in share prices.***
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