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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (31236)4/18/2000 1:14:00 PM
From: James Strauss  Respond to of 50167
 
Ike:

We had a crossing of the 5 day MA above 3690 today... But we still need to see the 2 day MA cross above the 5 day MA... The intermediate term trendline sits at 3806... The 13 day MA sits at about 3980... These are important numbers to beat on a closing basis on the Nasdaq... That 3806 number is important because it needs to be crossed to break a downward sloping trendline... A failure there means a continuation of the downtrend... But, a close above 3980 (13 day MA) would give some stability to the up move...

Jim