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 (3465)	1/6/1999 4:12:00 PM
From: James Strauss	Read Replies (2) of 13094

1999 vs 1987... ~~~~~~~~~~~~~~ Let's take a look at the McClellan Summation index preceding the crash in 1987... decisionpoint.com Note that the index kept going down prior to the crash... Now let's take a look at the McClellan Summation index today... decisionpoint.com Unlike 1987 it is rising... Also, interest rates are lower, and worldwide capitalism is stronger today... Add to this the flood of retirement money pouring into the market, and the conclusion is that Risk/Reward favors a fully invested position at the present time... Jim

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