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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (4259)4/2/2001 10:29:01 PM
From: Gersh Avery  Respond to of 4583
 
I'm not talking vgy .. INDU, SPX, compx.

The 200 day SMA never headed south. Got very close to flat, but not south.

And BTW I put in my order to go 100% long in the 401k the day before the suprise fed cut in '98.

Now we are steep to the south on the compx. The SPX 200 day SMA is southbound at a rate > 1.5 points per day. Don't have the data for the DJIA but it farted so flat for so long that it's 200SMA is probably flat or only slightly down by this time.

Just checked .. DOW's headed down now also.

I takes a long time to change the slope of the 200SMA!

It's gonna take a long time to change it back to the north or even get them flat!

"I said no no no no, I don't dip no more
I'm tired of catchin' knives above the floor"