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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 (5105)9/15/1999 12:31:00 PM
From: James Strauss  Respond to of 13094
 
NK:

We are going to be in a trading range for a while... So, those who are long or short will probably get whipsawed by one or two day rallies or drops... Only those nimble enough to get in and out of index trades within minutes should be trading now... Otherwise it's safer to have cash on the sidelines until the market knows where it's going... That won't probably happen until after the next FED hike in early Oct... For stock pickers there is room to buy and sell selectively in this market...

Jim