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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 (6539)	8/23/2000 10:30:20 AM
From: Jibacoa	Read Replies (1) \| Respond to of 13094

The Market... ***************** Jim: On the DOW, it seems the closest support is at 10,950 with a stronger one at 10,850. Today's down market somewhat to be expected post- the FED's confirmation of the interest rate. With Labor Day approaching we have to keep a close eye, since often times there is a change in trend post- that holiday. I suppose that this being an election year will be of help on the near term. Take a look at CRDS. It had a nice move yesterday and it seems it has bottomed at 8 3/4. I have orders to buy more at the 9 1/2 to 10 area. As you recall the stock's H was 202 1/4 on Feb28,2000. The Current Ratio is 10 with no LTD. Regards and good luck. Bernard.