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

To: jair who wrote (8021)	2/26/2001 3:14:54 PM
From: James Strauss	Respond to of 13094

You're welcome Jair... The Weinstein book is an excellent place to start... It gives you a good understanding of support and resistance... As for moving averages, beauty is in the eye of the beholder... I've tried them all... : > I like 13 and 34 because they are part of the Fibonacci natural numbers sequence... ee.surrey.ac.uk mcs.surrey.ac.uk ee.surrey.ac.uk These numbers appear over and over again in nature... I've found that the 13 day, week, etc., moving average a pretty good area for support and resistance during different time periods... I use 13 for short term and 34 for intermediate term... The next two numbers in the sequence 55 and 89 broaden the intermediate term horizons... As for stocks I like now, AASI, USON, and NUS look interesting from a 13's perspective... ICGE and LU look interesting from a bottom fishing perspective... Jim