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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 (11914)12/3/2002 2:41:43 PM
From: James Strauss  Read Replies (1) of 13094
 
Jim, the biggest "crutch" is slipping> WSJ, front page
Housing Market Is Slowing,
Says New Federal Report


William:

A falling housing market would send ripples throughout the economy... The major indecies are in a narrow band within rising wedge patterns... The OEX and NDX are teetering on breaking out or breaking down... Falling real estate prices will eat into the $250,000 tax free capital gain free ride over the past few years... The Republican controlled Congress will have to move fast on tax cuts and dividend taxation removal to offset the effect of a weakening housing market...

Jim
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