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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: NewKit who wrote (4876)	8/13/1999 4:49:00 PM
From: James Strauss	Read Replies (5) \| Respond to of 13094

NK: The past two days were very good from a trading perspective... There was probably a lot of short covering... The New Lows continue to outpace the New Highs by almost 4:1... finance.yahoo.com With all the euphoria today, I ask myself, "why did over 150 stocks hit New Lows while just 42 stocks hit New Highs?" 11030 is Dow resistance... A break above that would be very bullish... Bouncing off that to the downside could bring about profit taking that could lead to another test of the Dow 10,400 area... Jim