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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 (6354)6/26/2000 4:45:00 PM
From: Mao II  Read Replies (1) | Respond to of 13094
 
Herr Professor! Could you take a look at the accompanying chart, a five year comparison of IP and PD. Normally I would say this kind of decline in these two stocks indicates a SERIOUS economic slowdown ahead. But I am not sure what to make of it right now. Possibly the market in these two commodities is saying rate increases are extreme in real terms and will bring things down with a crash. Perhaps it is saying who cares about copper and paper. What do U think? Thanks. M2
finance.yahoo.com



To: James Strauss who wrote (6354)6/26/2000 8:26:00 PM
From: Sergio H  Read Replies (1) | Respond to of 13094
 
Hi Jim. On the Russell 2000 additions/deletions coming up this Friday, CAMP is expected to be added and AFFX deleted.
CAMP's 50 day MA is about to cross over its 200 day. AFFX chart has a gap to fill.

Market shrugged off better than expected housing numbers today. Preliminary indicators are positive for a rally this week. Market leader GE, for example enjoyed very positive money flow today.

Sergio


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