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


To: James Strauss who wrote (4937)8/23/1999 12:17:00 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
The Market...
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Market Breadth looks good with Advancers leading Decliners and New Highs leading New Lows... New Lows are lower at this time today than they have been in weeks...
finance.yahoo.com

This is an indication that selling is drying up... The only caveat is that volume is low... This is an indication that there is money on the sidelines awaiting the FED action or inaction tomorrow... If we get a 1/4 rate hike and a continuation of the neutral bias, the market should take off on higher volume as some of the money comes off the sidelines...

Jim