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: Jibacoa who wrote (12106)	1/28/2003 8:18:23 PM
From: James Strauss	of 13094

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) Bernard: Consumer confidence numbers are now below 80... I believe we haven't seen numbers that low for more than a decade... Perhaps this is the true economic trough from which rebounds are made... But, until the market acknowledges a turnaround, Dow 7197 is probably where institutional money starts coming back into the market... bigcharts.marketwatch.com Jim

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