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


To: ALTERN8 who wrote (6132)5/19/2000 7:11:00 PM
From: James Strauss  Respond to of 13094
 
The Markets...
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Altern8:

We still haven't seen real capitulation yet... If the 3400 area on the Nasdaq breaks, and we see a test of the 2900 area on larger volume, we may have our bottom... Otherwise we could meander in this 3400 to 3700 area for months... My guess is that we'll close below 3400 again on Monday... That will get the short termers over to the sidelines waiting for a test several hundred points lower...

Jim