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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 (961)4/26/1998 10:09:00 PM
From: JoeinIowa  Read Replies (1) of 13094
 
James,

After reading your post I was a little worried and went to check the paper to see what I had missed last week while out of town. Looks like we were down 100 for the week? Am I missing a zero from what I am reading? To me this is not the start of a correction but pretty typical behavior after a large run up. After we drop 400-500 points in a week then I think we might be seeing the start. Can we start the negative 13's? Stocks to short? I think the next opportunity for the Fed to raise interest rates could be a triggering point. Sorry for the long commentary.

Joe
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