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


To: Jorj X Mckie who wrote (5810)1/30/2000 11:57:00 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
JXM:

They used to say "As GM goes, so does the country"...

We 13R's say "As the 13's go, so does the market"... : >

I don't like the looks of the market internals... Especially the New Lows and the McClellan Summation Index... Probably the best thing that the FED can do for the market is raise rates by 1/2%... That would remove uncertainty about further rate hikes for the next few months...

Jim