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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: tsigprofit who wrote (12522)7/1/2003 12:16:12 PM
From: Bucky Katt  Read Replies (3) of 13094
 
Beats me what is going to happen, we are in some very overbought air.
Keep an eye on housing prices, when they go south so will the stock market indexes.
(the rat stocks excluded, they do their own thing, as we well know)

Just as I said on here right near the peak of the markets a few years back, when the Beanie Baby craze started going south, the market bubble would follow the "southern" route too.

It sounds simplistic, and it is, just a good understanding of psychology...
Mass psychology.......

Just for the record, the bang I am getting in options lately isn't much, so I have shifted more into index futures, which I don't recommend to anyone.
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