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To: Matrix_Man who wrote (23439)6/23/1999 5:11:00 PM
From: Boplicity  Respond to of 93625
 
Bullish geezz bullish is rising from the 50s to 99 in a blink of an eye. I myself feel a nose bleed comment coming out of management again.. LOL

Greg



To: Matrix_Man who wrote (23439)6/23/1999 5:14:00 PM
From: Dave B  Read Replies (1) | Respond to of 93625
 
Matrix Man,

Interesting comment about the 50 and 200 day moving averages. I took a look at the two lines on quote.com (so I couldn't see them simultaneously) and it looks like the 50 dma moved below the 200 dma about mid-April; just about the time we hit 52. If having the 50 dma above the 200 dma is bullish, then is having the 50 dma below the 200 dma bearish? If so, then it missed the 100% run-up from 52 to 100. Having them cross right now seems to be a very, very late buy signal.

But I look forward to the comments from the TA'ers.

Dave