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: James Strauss who wrote (12904)	12/7/2003 1:59:23 PM
From: James Strauss	Read Replies (1) of 13094

Rolling With The Trading Channel... ******************************************* A review of the Nasdaq chart over the past six months shows a clear trend of rising tops and bottoms... bigcharts.marketwatch.com Each time we've seen MACD and Stochastics in the 20 range and rising the Nasdaq also started another up leg... Add to that the coincidence of the ADX line rising from the 15 area and you have additional confirmation of a trading bottom... Why is this important? It looks like we are about to test these same conditions in the coming week... It wouldn't surprise me to see another up leg started Tuesday or Wednesday... bigcharts.marketwatch.com Jim

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