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

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To: Cush who wrote (2636)5/29/2001 7:22:07 PM
From: Shaw  Read Replies (1) of 5144
 
Thanks Cush.

I'm with you on the chart stuff. Been going with the "gut" lately because I can't figure out a "real" buy or sell signal on a chart if it bit me in the nose.

Day charts are still working for me. RIM seems to work well, but as for the longer term ones (which I am learning slowly, anyway) have me shaking my head. I just use MA'a on the day charts so it ain't exactly too scientific (which is good for my thick skull <g>).

As for the DSG, I think the chart went wonky because of the NR's recently. Someone knew something was coming, imho, and the chart went goofy, then it went down off the dilution NR. All MO. RIM acted the same recently before the large downgrade (in late March). It went thru points of support like a knife thru butter (I remember covering because I figured it was goofy and had to bounce hard), and then the next day (surprise, surprise)... it was downgraded.

Lotsa crazy things going on.

Thanks for your thoughts.
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