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: Bucky Katt who wrote (11281)	7/15/2002 1:22:48 PM
From: James Strauss	Read Replies (1) of 13094

Q: You think this could be turning into a depression? A: Not only could be, it will be. We are not there yet -- the unemployment rate isn't even at 6% yet -- but it is going to go much higher. William: Let the negativism build... This is what's needed for a climax selling bottom... It should occur anywhere from 1357 to 1000 on the Nasdaq... I don't think we're heading for a depression... With China and Russia opening up their markets we are getting ready for another boom in the years ahead... But this market cleansing is necessary to chase away the gamblers and crooked corporate crooks... We'll come out cleaner and stronger... Jim

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