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


To: Sergio H who wrote (9187)7/18/2001 2:03:32 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Sergio:

The 2000 level on the Nasdaq has been like a magnet...
bigcharts.com

The recent gap below 2000 may be filled... That should compress the coil to the max for at least a test of the 2150 area... The market has thrown off tons of bad news... This has kept the Nasdaq within that 2000 range... this suggests a bottom forming... It is beginning to look like the upside potential is become greater than the downside risk...

Jim