SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Strauss who wrote (11720)10/28/2002 3:00:38 PM
From: James Strauss  Read Replies (1) of 13094
 
Nasdaq 1220 And 1625 Are Worth Watching...
*******************************************************
A long term downtrending trendline sits on the 1625 area of the Nasdaq... We'll know the bear is over when we get several consecutive closings above that level...

The Nasdaq is currently above a linear regression line going back to the Nasdaq peak in 2000... If the Nasdaq remains above this linear regression line in the 1220 area that would be bullish for the market...
bigcharts.marketwatch.com

The Nasdaq also continues to remain above its 13 day MA in the 1250 area...
bigcharts.marketwatch.com

The long side still looks like the place to be...

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext