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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 (472)	4/9/1998 1:03:00 AM
From: IsaacF1	Read Replies (1) \| Respond to of 13094

James: How right you are. I've noticed the same phenomena about stocks backing off after hitting 13 wk highs. I think we both learned this very clearly with CAND. I've also experienced this with buying BNYN and FLSHF. I could have gotten in almost a point lower if I'd have waited. Unless there is news to push prices the natural course would be for a 13 to establish support and then to continue up. With this in mind NVAL and HAUP should soon be ready to pull back. NVAL it very close to it's top and seems to be losing steam, HAUP is in exactly the same situation. I really like the fundament and sentiment for both companies and am waiting PAITENTLY this time for an entry. I guess sometimes when trading this mind takes over that says: oh my, if I dont get in NOW I won't get another chance, well there will always be pullbacks and more chances. As for CAND James, I guess we'll make gains soon enough. Big gainers on today's 13's, huh. AAIR may hold some merit, SPEK too, I'll dig some more and get back to the thread. IsaacF1