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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 (3819)3/5/1999 8:02:00 PM
From: wily  Read Replies (1) of 13094
 
Hi Jim,

Remember INSGY?

techstocks.com

I had to bail for a loss on that one, and gave up on it because I read a recent 10Q and don't trust the thread banter.

Point in the matter is, like you said, the stock did eventually do a double-topping pattern. Interesting concept. You had said that this is very common for parabolic stocks.

Second topic: Jim Cramer is real bullish right now. I don't know if he's talking his position, or what. He thinks this recent move in bonds bodes well for stocks. He's also saying that market breadth is improving. Wierd thing is -- market is not arguing with him. What's up here? I can PM you some excerpts if you don't have TheStreet.com.

Regards,
wily
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