Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: NewKit who wrote (3191)	12/1/1998 9:28:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

The Market... NewKit: I was surprised by the resiliency of the market today... New Lows climbed above 50 today... Decliners led Advancers... NYSE MoneyFlow dipped below a short term trendline... Bullish sentiment is in the upper 50's %%%... But, the major indices went up... So, I took some money out of cash and put it to work today... I'm now currently about 50% invested... The Nasdaq leaders led the way today... The effects of the three rate cuts are still being felt... I don't think anyone knows for sure whether the market will form a double top and then barrel through it, or bounce back down from that double top.... The current items mentioned above lead me to believe that some type of correction could come at any time... Jim