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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 (11467)8/17/2002 6:30:54 PM
From: James Strauss  Read Replies (1) of 13094
 
Putting In A Bottom...

William:

It's looking more and more like a bottoming pattern...
bigcharts.marketwatch.com

Note the mini double bottom in the 1200 area on the Nasdaq...
Another close above 1360 could ignite a nice short term rally to the 1450 area...

SPX needs to punch through 950 for a bullish sign... Spinning top Candlestick pattern hints at possible dip...
bigcharts.marketwatch.com

The market shaking off bad news is positive...

Jim
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