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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 (11383)8/1/2002 2:35:47 PM
From: James Strauss  Read Replies (1) of 13094
 
To:James Strauss who wrote (11376)
From: James Strauss Wednesday, Jul 31, 2002 12:36 PM
Respond to of 11384

An Island Reversal In The Making...
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bigcharts.marketwatch.com.
Note the gap up on 7/29... The three days prices are sitting up there detached from the price range prior to 7/29... Thus, the name Island... This formation usually leads to a revisiting of the price where the gap occurred...
In this instance 1264 on the Nasdaq will most likely be tested...Jim


The Nasdaq continues to close the gap towards 1264...
bigcharts.marketwatch.com

If that doesn't hold we could test sub 1200 levels...

Jim
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