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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 (11493)8/22/2002 1:02:35 PM
From: James Strauss  Read Replies (2) of 13094
 
Jim, I think the indexes may be near a peak, I sense a top is forming. I guess we will know by the 1st of September..

William:

All three major indexes are above their resistance points...

Dow 9000
SPX 950
Nasdaq 1400

The XBD has been tracking the market...
bigcharts.marketwatch.com

The CMR has also been mirroring the market...
bigcharts.marketwatch.com

But the SOX just went negative...
bigcharts.marketwatch.com

Narrow trading range spinning top candle at top of trading bands suggests a pause...

Jim
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