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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 (11356)7/29/2002 12:56:03 PM
From: James Strauss  Read Replies (1) of 13094
 
Jim, I think you have to look at where the money is going, and since good stocks have been dumped along with the bad, you have to play the better stuff long, for now anyway. I doesn't take much buy side interest to get these things started either. I sense a change in sentiment, it may be short-lived, but a change none-the-less...

William:

The Nasdaq is up against its 3 month downtrending trendline at 1300... A break to the upside is needed there for short term tests of the 1350 and 1400 areas...
bigcharts.marketwatch.com

Point and Figure says a close above 1350 is needed...
stockcharts.com

Jim
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