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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 (7973)2/21/2001 3:58:48 PM
From: Jibacoa  Read Replies (2) | Respond to of 13094
 
<<Nasdaq 2250 Looks Like The Bottom???>>
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JIM:In my note to Chisy yesterday I said:

"The NAZ seems that is going to retest support at the 2250. That seems important since it is from where it bounced to an intra-day H of 2618 on one day (Jan.3)"

Message 15379827

As you said if that doesn't hold we may see further, accelerated deterioration

RAGL

Bernard



To: James Strauss who wrote (7973)2/22/2001 10:42:49 AM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
Got that $50 on the QQQ. For an intra-day play, looking for an NDX bounce here @ 1967, going long...

It seems to me we are now entering the first period of what I would call real pain for people who have been holding or attempting to pick a bottom.
Having lived through rough markets in the 1970's, this is nothing new to me, but to all the so called "hotshots'" with their swell level II screens, this will seperate the men from the boyz....



To: James Strauss who wrote (7973)2/22/2001 11:32:50 AM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

TMTV: One of the rare up-gappers today. May be the Grammy Awards helped ?

At any rate it is selling at 0.27 of book and 0,35 of sales and had better revenues and earnings on the last Q report.

What do you think ?

RAGL

Bernard