| Subject: | [OM] Is the Stock Market at the Bottom? |
|---|---|
| From: | "Will Simmons" <listbot@xxxxxxxxxxxxx> |
| Date: | Wed, 18 Apr 2001 15:50:22 |
|
Is
the Stock Market at the bottom?
The simple answer is that nobody really knows. It is much closer to the bottom than it is to the top. We’ve seen massive sell-offs in most of the tech stocks for over a year. As the chart below indicates, the NASDAQ is less than 1/3 the price of the high. The 3-line exponential MA (see Profiting From Stock Trends CD) has indicated to be short in the techs since early February for the last large movement ... |
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