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To: Lee who wrote (18855)7/8/1998 12:23:00 PM
From: Judy  Respond to of 50167
 
Good morning, Lee

Just logged on and checked the price action in a few stocks. A couple of thoughts, the 5/13-day emas I use for momentum trading. MSPG gapped down at market open due to AMZN downgrade, stock-specific news. The first thing MSPG tried to do after the dust settled a bit was to recover/rebound from the 13-day ema at 90ish. Could not on the first try, made it thru on the second try. Daytraders gauge things like this ... while investors don't care. Examine the intraday chart and let's see how MSPG closes today.