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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 (12637)8/9/2003 4:52:08 PM
From: James Strauss  Read Replies (2) of 13094
 
Nasdaq Leading The Market Down?
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bigcharts.marketwatch.com

Note the pattern of declining tops and bottoms... The 10 day MA is below the 20 day MA...

A similar pattern for the NDX where the 100 largest cap Nasdaq companies reside... Microsoft, Intel, Cisco, Amazon, Yahoo, etc...
bigcharts.marketwatch.com

Unless this reverses we could see a bumpy road ahead for the major indecies...

Jim
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