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: Bucky Katt who wrote (12652)	8/21/2003 4:31:45 PM
From: James Strauss	Read Replies (2) of 13094

Bankruptcy Filings Increase to a Record Bankruptcy filings by consumers soared to a record 1.61 million in the year that ended on June 30, as unemployment touched a nine-year high, court records show. William: It's hard to fight the positive market tide... These negative statistics seem to be lagging numbers based on the hardships over the past three years... The persistent market strength in the face of this news suggests better times ahead... The one year SPX chart shows a steady rise into a lateral consolidation channel... bigcharts.marketwatch.com The longer this channel persists the bigger the breakout or breakdown will be... With the economy showing signs of improvement it's likely we'll see an upside breakout... Jim

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