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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 (7174)12/22/2000 1:16:47 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, I am seeing quite a few stocks that have been putting in 2 day or more up days, so maybe we are set for a reversal, regardless of the a/d line?
The NYSE has set a new short interest record, and since I don't follow the crowd, this is getting me to think just what might cause a reversal. I am hearing people talk about a 1/2 point cut in January, so I think it might be prudent to lay out some 3-6 month index calls, sort out individual stocks to go long on as they show up. Anyway, that is my current thinking, I smell a change of sentiment in the air.

ps, I like the dancing snowman.....and, if anyone happens to be up in beautiful Lake Geneva Wisconsin tonite, I will be watching my youngest son's band at Thumbs Up, 260 Broad street. I am the guy who looks like a younger Richard Dreyfus.....



To: James Strauss who wrote (7174)12/22/2000 3:00:56 PM
From: Chisy  Read Replies (2) | Respond to of 13094
 
I think you mean IIXL instead of IILX. Looks like you are right again. Looks like a big saucer bottom forming. Thanks for pointing that out to us.



To: James Strauss who wrote (7174)12/27/2000 10:36:47 AM
From: James Strauss  Respond to of 13094
 
TRIN Rising... Selling Pressure Continues...
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The rising TRIN suggests that there is more volume on the downside than upside...
finance.yahoo.com^STI.N&d=5d

Also, the Nasdaq New Lows continue to outpace the New Highs by a better than 3:1 margin... finance.yahoo.com

January 5th gives us the employment numbers...
briefing.com

If the FED is going to cut rates between meetings that's the day to do it... At least that's what they've done before...

Jim