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


To: Magnatizer who wrote (2550)8/18/1998 12:01:00 AM
From: James Strauss  Respond to of 13094
 
EAGL...

David:

Thanks for the EAGL update...

iqc.com

25.00 looks likely...

Jim



To: Magnatizer who wrote (2550)8/19/1998 3:45:00 PM
From: James Strauss  Respond to of 13094
 
The 13's Market Indicator...

Looks like the 13's Market Indicator is alive and well... While the market rose the past few days, there were no new 13's... Without the support of the Foot Soldiers, the Generals can't advance too far on their own... I was tempted to move some Money Market funds into equity funds but held back based on the 13's Market Indicator... I'm glad I did...

The prices on the Dow and S&P crossed their 13 day MA to the upside yesterday... Normally I would move some money into equity funds, but the 13's Market Indicator paid me a visit with the Ghost of Markets Past... : > I didn't want to see the Ghost of Markets Future... : >

The moral... When the small stocks start doing better, and the New Highs/New Lows improve, then it will be safer to get back in the water...

Jim