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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 (11516)8/25/2002 9:16:39 AM
From: J D B  Read Replies (1) | Respond to of 13094
 
Jim, the SPX & DJX also closed below their 50 day EMA. Do you project the same sort of scenario for them as you do for the NDX? I opened a large short position on SPX & NDX at Friday's close based on what I saw with these indicators, and the fact that both you and William agree on the potential downside move (when you two agree on a potential move I've seen it become reality more often than not!)

Thanks to you and William for posting most useful info.