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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 (8910)6/6/2001 10:21:35 AM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, it was a clear warning to me that the indexes are grossly overvalued. I went short the DOW, SPX & NDX, so far so good...

As for the rally caused by XLNX, what a selling job by the street, a ridiculous reaction to the worst productivity/wage numbers in 10 years....
That is ok with me, let the dumb & dumber investing public run them up, I will take the opposite side when I sense certain issues have reached their respective apex...
Such as SUNW @ 19 and CSCO @ 22....