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

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To: SurfForWealth who wrote (2033)4/11/2001 8:42:31 PM
From: Cush  Read Replies (1) of 5144
 
Hey Surf. Congrats. That was a good trade on SFF.TO

Looking at that chart, the CCI (at the top) seems to have been fairly reliable as a sell signal in cases like that.
Just as it exits the overbought zone is usually a good time to exit the trade, IMO.
In this market though, any long trade that made you money is excellent.

As for CSY.TO

like you guessed, I'd have been reluctant to take a position based on that chart.

There are some hopeful signs but looking back at the chart, it has had those hopeful signs before (MACD histogram improving, Stochastic oversold, CMF improving, CCI coming out of the oversold zone) and still disappointed.

Hope it's another one that takes off for you.

Cush
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