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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 (6055)5/2/2000 3:13:00 PM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
I am not so sure the naz, ndx, etc are coming back, I think the opposite is true. Based on what we talked about several weeks ago, and that is the numbers coming out May 4, I think the smart money has now switched to the short side.
It is a pattern I keep seeing, bring it up, everyone jumps back on the bandwagon, and you know what happens then..
Anyway, I posted on the Rat thread yesterday that the spike Monday provided a nice short entry on all the naz componet indexes, along with the SPX...

I see HLT is on the new 13 list. Check out their spin-off, PPE. A much better performer. Same with STN, in since $6..