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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

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To: Shack who wrote (788)3/1/2001 3:06:14 PM
From: Cush  Read Replies (1) of 5144
 
Hey Shack. This sure is ugly. If you're still short on some of these, the whole group of Hawaiian islands may be within reach now.

Celestica CLS on TSE

stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]

Could this chart get any uglier?

So I decided to see just how bad it's been for a bunch of Canadian tech stocks that I follow.

.........Current Price ............52 week High ............ % Drop

ATY ..... $ 6.69 ............. $ 33.60 ................ 80 %

BLD ..... $ 66.77 ............ $ 210.80 ................ 68 %

CDV ..... $ 6.80 ............. $ 22.20 ................ 69 %

CIC ...... $ 13.80 ............. $ 125.00 ................ 89 %

CLQ ..... $ 2.74 ............. $ 80.00 ................ 96 %

CLS ..... $ 64.50 ............. $ 128.25 ................ 50 %

CMS ..... $ 37.60 ............. $ 113.50 ................ 67 %

IFM ...... $ 28.10 ............. $ 159.90 ................ 82 %

JDU ..... $ 42.35 ............. $ 219.00 ................ 81 %

NT ...... $ 27.60 ............. $ 124.50 ................ 78 %

RIM .... $ 54.16 ............. $ 260.00 ................ 79 %

SVN .... $ 20.90 ............. $ 345.00 ................ 94 %

SW .... $ 37.05 ............. $ 232.00 ................ 84 %

WIN .... $ 6.20 .............. $ 94.00 ................ 93 %

Lottta ugly out there.

I used intraday prices for the current prices.

Just imagine having had the market sense to short a group of these last year this time.

Waiting for the plunge or the bounce - can't tell which one is coming.

Nasdaq seems to be staying above that support trend line that I think could have been drawn from the three year, daily chart I posted last night.

Cush
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