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

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To: smallstocks who wrote (13003)3/31/2004 9:01:05 AM
From: ~digs  Read Replies (1) of 13094
 
Fair enough... anecdotal evidence does have its merit.

The vast majority of my decisions are based on price and volume activity. I'm not opposed to reversing course if need be.

I view that volume laden selloff in early March as a red flag. Let's see if the Dow, which has shown itself to be the most resilient index thusfar, can power back up thru that congestion at ~10,500.

If this can be done than I shall require myself to revise my bearish stance, and at the very least... go neutral.

regards,
Dave
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