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


To: Jibacoa who wrote (12752)9/19/2003 3:43:32 PM
From: James Strauss  Respond to of 13094
 
I don't know that much about the economy's immediate future., but past experience tells me that when I keep having more than 2 or 3 days in a roll finishing ahead more than 40Ks in "paper profits", the market is "overbought" and I should start getting careful.<g>(I ususally would be satisfied just finishing ahead 1 or 2Ks.<g>)

Bernard:

Why is it that paper profits are easier to get than cold cash profits??? : >

The market continues to show resilience... The end of day buying theme continues... I'm jumping around from sector to sector based on relative strength... I'm long until the 10 day MA is violated on the major indicies...

Jim