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: Davy Crockett who wrote (2605)	5/25/2001 4:27:37 PM
From: Shack	Read Replies (1) of 5144

When you are in a de-trending market, pay very close attention to the stoch signals. Forget the MA's and MACD or you will be whipped all over the place. I thought we had entered a new uptrend on May 16 but that idea was violated this week and we are in an extended corrective non-trending period which is still working off the rally from April 4th. This means sideways/down. I expect the majority of this down to occur on Tuesday and Wednesday. The Nasdaq chart is a definitive short-term sell in my books. stockcharts.com[w,a]daclyimy[dc][pb10!b20!b50!b200][vc60][iUc20!La12,26,9!Lf!Lh8,3]

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