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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 (12414)6/10/2003 12:03:58 PM
From: James Strauss  Respond to of 13094
 
SOX Not Joining The Up Move Today...
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Unless the SOX joins the rest of the sectors with modest gains I'd be suspicious of today's bounce in the markets...
bigcharts.marketwatch.com

Jim



To: James Strauss who wrote (12414)6/10/2003 12:11:27 PM
From: George the Greek  Read Replies (2) | Respond to of 13094
 
Jim, ratdogman, and others,

Just began reading the thread in lurk mode.
Enjoying all your perceptive commentary.
Keep it up!

The 13-wk MA system sure looked like a money maker if I had begun reading it in early May! Would you give the system equal confidence (i.e. go with individual picks meeting the criteria) when the macro trend is not your friend - or too risky then?

But very wary of were this economy is going...
Some of the darker observations (US govt technically bankrupt, housing market liable for its turn to fall, etc) are not lost on me. Market crash & surrounding circumstances were really crushing.

George



To: James Strauss who wrote (12414)6/10/2003 2:45:15 PM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
Jim, my point is, I guess, is that job losses are job losses, for whatever reasons.

We had a talk on the Rat thread about the massive insider selling in MSFT, DELL & the rest recently, and my take on that is the same, for whatever reason, insider selling is selling...

Both of you raise good points, I just take the simple road, selling by insiders is selling, period.
That means they think they can re-invest somewhere else at a better rate of return.
And after they pay capital gain taxes to boot.