SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (6466)8/8/2000 9:54:08 AM
From: James Strauss  Respond to of 13094
 
Looking at the DOW it seems it has to close above the May 16 H of 10971 before breaking the previous down-trend.

Bernard:

Agreed...

The last two up days were on declining volume with negative MACD...
bigcharts.com

With productivity growth above 5% you'd normally expect a pop in the market... We're getting the opposite... This points to some profit taking in the next few days...

Jim



To: Jibacoa who wrote (6466)8/10/2000 10:10:42 AM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
The NDX just dropped below yesterday's low in the 3680 area...
bigcharts.com

If it doesn't get up above that today, it could test the 3580 area next...

The last time the ADX moved down from above the 50 area was in April when the NDX dropped over 20% from 3665 to 2900 on an intraday basis...

siliconinvestor.com

Jim