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


To: Jibacoa who wrote (8448)4/15/2001 4:19:35 PM
From: James Strauss  Respond to of 13094
 
Bernard:

The double bottom in the Dow was very bullish... Trading above the 13 period MA is bullish... Piercing the top of the contracted Bollinger Bands would be very bullish...
bigcharts.com

So far, the Dow has been repelled by the upper Bollinger Band... The INTC news may or may not be factored into the market... IBM is a wildcard... If the worst has already been factored into the market we go higher... If not, the Dow could retreat to the mid 9000's again...

Jim