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


To: Bucky Katt who wrote (6734)9/18/2000 5:49:10 PM
From: RockyBalboa  Read Replies (1) | Respond to of 13094
 
wj, are you calling the EURO bottom?

If so, I have to hedge (As a Euro based investor I bought the few necessary USD about the time I appeared on SI, ...I'm enjoying some apprechiation through the USD alone).

And then it has to be bullish for European growth markets. You perhaps will never have the chance to buy European stocks that cheap...in USD terms.



To: Bucky Katt who wrote (6734)9/18/2000 7:20:41 PM
From: KM  Respond to of 13094
 
<<I can see some of that money spilling over into some of my micro-cap dogs, if only because many are so very close to book value, so you get a double margin of safety, and I also think the money coming in has the potential to really jack some of them big.
The very fact that they are so ill-liquid will be of big benefit to those that get in when no one is looking, Imo..>>

HAXS



To: Bucky Katt who wrote (6734)9/19/2000 11:28:10 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
William:

At times like these your micro cap Dogs generally hold their price because they have already been beaten down... You generally have to wait though, for the big caps to rally to create a mood that is conducive to small cap breakouts...

The NDX is getting a technical bounce today... It needs to close above the interim term trendline in the 3811 area soon or it continues heading down towards the 3490 area...

As for the Euro... You're right about those gold sales... Perhaps the various Monarchies can put up the Crown Jewels to back the currency... : >

Jim