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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 (11561)9/3/2002 4:19:12 PM
From: Tim Davies  Respond to of 13094
 
yep so far so good.. now two more days like today and i will be very happy with the puts.. but my aklm is off today..time to get more.. the new game is going to be number one..allready sold out all over the place..
tim



To: James Strauss who wrote (11561)9/3/2002 4:26:44 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Sept Lows Here We Come...
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The number of stocks on the S&P 500 above the 40 day MA is over 40%... We will not see a bottom until that number shrinks to 25% or less...

Here is chartist Gary B.Smith discussing it...

Gary B. charted the NYSE 40 day moving average (a chart that indicates what percentage of stocks are trading above their 40 day moving average) and showed that when only 25 percent of stocks are above their 40 day moving average, it's been a great time to buy.
foxnews.com

For the next week or so I'll be in high income bonds, emerging market debt and the short side of the SPX and the NDX...

We could see a retest of the 856 area on the NDX...
bigcharts.marketwatch.com

Jim