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


To: Bucky Katt who wrote (6057)5/3/2000 1:15:00 AM
From: BRAVEHEART  Respond to of 13094
 
Hi William,

I couldn't agree more...

NASDAQ...T/A says we retest based on low volume Stokes & MACD Hist...Way too much filling remains not to. Especially with so many stocks so way overvalued...along with too much Fed prompting & media assist.

With the 17th off in the not so distant future & low volume the real players & S/T profit Takers will lead the way as Cash sits back & waits for an opportunity & a reason. A clear bottom with the Fed satisfied about rates impact on Mid term future. ie six months to nine months out...

PS: Looks like REITS...etc...I like HLT too...

"IN GREENSPAN I TRUST"
Jeffrey



To: Bucky Katt who wrote (6057)5/3/2000 11:11:00 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Nasdaq Retesting Lows...
***************************
Good observation Willaim...

The current breadth is poor...
finance.yahoo.com

We have two support areas ready for a test, 3600 and 3400...

You're right about the whipsaws and false signals... The tone is different than in years past...

Jim