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


To: Sergio H who wrote (6533)8/22/2000 11:14:40 AM
From: James Strauss  Respond to of 13094
 
GE...

Good observation Sergio...

GE just broke out of a 4 month treading channel to the upside...
bigcharts.com

Given the over 90% correlation with the S&P 500, this signals higher prices ahead for the market...

The NDX is also looking good on the one year chart...
bigcharts.com

Note the rising bottoms and positive MACD and ROC...

The 6 month or longer charts usually give the best view of the primary trend without all that noise from the minute charts...

Jim



To: Sergio H who wrote (6533)8/22/2000 11:15:13 AM
From: James Strauss  Respond to of 13094
 
GE...

Good observation Sergio...

GE just broke out of a 4 month trading channel to the upside...
bigcharts.com

Given the over 90% correlation with the S&P 500, this signals higher prices ahead for the market...

The NDX is also looking good on the one year chart...
bigcharts.com

Note the rising bottoms and positive MACD and ROC...

The 6 month or longer charts usually give the best view of the primary trend without all that noise from the minute charts...

Jim