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

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To: WhatsUpWithThat who wrote (12713)9/8/2003 9:09:27 PM
From: James Strauss   of 13094
 
Do you think the plethora of 13's lessens the power of the measure? That is, the whole blinkin' market's going nuts, so crossing the 13 week may in some cases be 'false'?
Some of these charts, mind, look very nice!


WUWT:

Good question...

In the past, the greater the number of 13's on a consistent basis, the healthier the market... Since many of these 13's come from the ranks of the smaller cap stocks, it's no surprise that small caps are doing very well relative to the SPX... As such, the more 13's the better... : >
stockcharts.com

Jim
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