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Strategies & Market Trends : Three Amigos Stock Thread

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To: Galirayo who wrote (4052)	4/29/1998 9:21:00 PM
From: James Strauss	Read Replies (1) of 29382

Ray: All the major Indexes bounced off the 55 day MA today... Soon we'll see if this is a rally in a correction or a recovery... The A/D line has bounce off the 200 day MA and is right below the 89 day MA... Thursday is a moment of truth day... The A/D line must cross the 89 day MA to the upside for a continuation of this rally... Otherwise, the correction continues... Jim

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