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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 (8890)5/31/2001 6:01:42 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, I have been playing the NDX short since it was just above 2000, which it didn't hold, which was all-right with me. Today it closed about 20 points above it 50 day ma.
It seems to be on the razors edge, any close below 1742 and 1576 might be the end result.
If uncle Alan cuts rates to zero we might see 2600<g>

At any rate, it is in a decent 400 point trading range, the trick is to pick the right direction at a particular point in time.