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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 (12982)3/22/2004 3:40:18 PM
From: James Strauss  Read Replies (2) of 13094
 
Not even close yet. (to a bottom) Looks like the wheels might just come off. I have been shorting every rally the past month and haven't had a loss yet.
Message 19942344

William:

Things certainly look scary... A good time for a short squeeze... It looked pretty scary before the rally that started in March last year... Since then, the economy is improving, Iraq has been rid of Saddam, and the Al Qaeda leaders are finding fewer places to hide... The market is primed to bounce soon...
stockcharts.com[m,a]daclyyay[pa1375!b200][vc60][iLp14,3,3!Lk14]&pref=G

A possible Island Reversal could form on the NDX with a lateral or up move in price Tuesday...
bigcharts.marketwatch.com

The Arms Index suggests a reversal to the upside...
finance.yahoo.com^STI.N&t=5d&l=on&z=m&q=l&c=

Jim
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