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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 (12679)8/27/2003 10:37:17 AM
From: Jibacoa  Read Replies (1) of 13094
 
William:

We may have to wait until after Labor Day for a better view.<g>

My impression is that in spite of yesterday's late "rally" the down-trend from the August 22 H is going to continue with confirmation on a close below 9165 on the DOW and 1740 on the NAZ and with further acceleration of the trend on a close of the DOW below 8990 and the NAZ below 1640

I am now 60% on cash and looking for places to park it.<g>

RAGL

Bernard
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