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 (12102)	1/27/2003 3:47:49 PM
From: Jibacoa	Read Replies (1) of 13094

<<Bottom line... The markets are heading lower...>> Jim: If the DOW doesn't hold the 7900 (the October 11 H) it seems it should test its L that day at 7540 or the October 10 L at 7197.(That was below the September 1998 L of 7401) After that the next "support" (<g>)seems to be the January 1997 H at 6906.There seems to be "better support" <g> at the Summer of 1996 Hs at the 5500 to 5700 level. Many bears have been talking about having their "target" set at the Summer of 1995 level(4700 to 5100).I certainly hope we don't go back that far.<g> siliconinvestor.com siliconinvestor.com RAGL Bernard

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