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


To: IsaacF1 who wrote (322)4/1/1998 11:22:00 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Isaac:

We are learning that the 13's stocks roll in and roll out like the Waves crashing on a beach... When a 13's stock has a double digit increase, it will most likely pull back on some profit taking... This pull back period is the time to buy...

CAND fell below 8.00 and is now battling to get back above 8.00... Since CAND has good FA, I'll be referring to it often as a model of the Wave effect of stock price movement... This type of movement produces the Saw Tooth patterns we see on charts that reflect the ebb and flow of the buying and selling battles... The general direction of the Saw Tooth patterns tells whether the longer term WAR is being won by the bulls or the bears... So far, the longer term TA/FA favors the bulls...

Good luck with your move...

Jim