Ahh Canada - 2 out of 3 ain't bad Message Board

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

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To: Cush who started this subject	4/3/2001 7:20:14 PM
From: Shack	Read Replies (2) of 5144

Update on the SOX and BKX, our leading indicators: SOX: stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh14,3] Not pretty but it actually spent a better part of the day today in the green and had what looks to be a narrow range day. This supports my argument that we are in store for some kind of bounce. It is flirting with the 500 shelf from 1999 which is crucial support. One would expect a bounce somewhere around here at least but the way shit is falling through support, who knows. I won't hesitate to short it again. The BKX: stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh14,3] As expected, it turned back down today. I am focussing my shorting activity here if we continue down but I will be cautious because the MACD is still telling me that the daily trend is up. Watch 750.

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