Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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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 (11621)	9/26/2002 9:13:35 PM
From: J D B	Read Replies (1) of 13094

Jim, I held off on buying Juno fund since we've had a couple of up days and I'm expecting some considerable downside now in equities (and Juno.) I've had good success with my Rydex index funds, as I switched from the short side to the long side at Tuesday close; I'm all cash now, waiting to see if my expectation of more downside comes true. I'm planning to wait until Monday for confirmation - perhaps tomorrow (Friday) will provide it though. I'd been looking hard at the utilities sector, and it appears that I should have entered since it's up 4% or so today. Do you have any strong feelings on this one? It's truly one of the most beaten-up sectors, and I expect it should turn around soon.

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