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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 (8439)	4/11/2001 11:35:29 AM
From: Jibacoa	Respond to of 13094

<<short the DOW @ 10150>> Yes, that's where the near term resistance is at.<g> The DOW is trying to hold the 10,000 and the NAZ trying to climb above the 2,000 The DOW's recent "reversals" on March 23 and April 4 have not been too impressive.The nearest "resistances" at 10,155 and further at 10,206 10,638 10,860 are levels to keep an eye on. The nearest support now at 9,935 and further at 9,775 9,698 and 9,527 If that fails it should re-test the April 4 L at 9,375 and or the March 22 L at 9,106 Still the October 98 H of 8,659 is where I have a target for a "key-reversal".<g> Bernard

To: Bucky Katt who wrote (8439)	4/11/2001 1:35:03 PM
From: James Strauss	Respond to of 13094

When they can polish a turd like MOT with such rotten news, I want to take some long profits.... short the DOW @ 10150, see what happens. Added more puts in MOT in the high $13's William: We are beginning to see a positive tone to the market... All major averages are trading above their 13 period MA... When viewed on the 6 month chart this suggests a change in the intermediate term downtrend to an upside bias... The Chinese agreement is also positive for the markets... The VIX and ARMS numbers are consistent with past market bottoms... As long as Dow 9600, SPX 1100 - 1080, and Nasdaq 1800 hold, we will have bottomed... I've been putting money on the table during these recent dips... Double bottom on the SPX... bigcharts.com Nasdaq trading above its 13 period MA... bigcharts.com Nice double bottom on the Dow... bigcharts.com Anything could happen in the next few weeks but the intermediate term bias appears to be to the upside... Jim