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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Sapper who wrote (34910)4/13/2000 11:58:00 AM
From: AllansAlias  Read Replies (1) of 62348
 
Just amazing watching this all. Excuse my excitement as I have never witnessed up close markets that are poised for ugliness and are struggling to go forward.

That NASDAQ is respecting that uptrend line beginning at today's low and touched many times. When a new candle comes out to the right it is up just enough to stay on this line. Thing is, if it continues to claw up this line for another 10 minutes or so it will finally get back to 3855 line overhead and will be forced to get decisive.

DOW popped out of one pennant only to form an intermediate lower high that forms a larger pennant. Maybe the whole day goes this way.

MSFT is the key and it is having a pretty good day compared to yesterday's slide. Chart still butt-ugly though.

--Allan
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