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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 (11504)8/23/2002 3:40:53 PM
From: James Strauss  Read Replies (2) of 13094
 
Yesterday I wrote this:

Four failures of the SOX at 360...
bigcharts.marketwatch.com.

The broad market needs the SOX to go up if it wants to sustain a rally...

ADX has not confirmed the SPX rally...
bigcharts.marketwatch.com;

Today we see that the SPX will likely close below 950 resistance...
bigcharts.marketwatch.com

The SOX has been signaling a reversal for 4 days...
bigcharts.marketwatch.com

When the SOX turns around again in the 300 to 310 area we could get another short term rally...

Jim
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