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: Shack who wrote (2175)	4/19/2001 7:33:33 PM
From: kirby49	Read Replies (1) of 5144

Shack: The ADX indicated this as a buy last November and it hasn't changed since then, just dipped. If -DI crosses +DI now it would be a soft sell. If +DI bounces off -DI again no change until the ADX line starts to ramp up. It's harder to use TA on a PM chart and I was just going on the chart itself and noticing the last long uptrend from Apr 96 to Jul 97. Also the POG has quietly gone up six dollars in 48 hours and perhaps the beginning of the erosion of the US dollar. I take it these are on the MSE and I would be looking for the underlying to be 22-23 by September. Maybe about $2500 - 3,000. I have spent a little time lurking on the Elliot thread and hope there is some coincidence here as well. The timing for me to get out of FN depends more on the POG than that of FN. It may be above 23 but POG must break through resistance of about $272 and show that as support. Then exit FN and go to mid-tiers or Jr. explorers. Let me know my risk reward on a couple K for options through Sept. Thanks Bob

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