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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 (10545)1/16/2002 5:31:44 PM
From: Jibacoa  Read Replies (2) of 13094
 
The NAZ

JIM: I agree that if the 1800 level doesn't hold it is likely that the 1600 will be tested.And of course I hope that one should HOLD, but I would rather "wait and see".<g>

<< If the 1600 scenario should occur, it would set up a very bullish double bottom...>>

I certainly wish and hope that the NAZ doesn't break the 1600, but I try to make myself remember "Do not fight the tape, the trend is your friend".<g> and W.B.advise: "The first rule is not to lose money."

I forgot who said: "It is better to listen to a bear who is wrong than a bull who is wrong because a bear only costs you lost opportunities and a bull costs you money."

RAGL

Bernard
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