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: Shaw who wrote (2635)	5/30/2001 9:01:48 PM
From: Cush	Read Replies (1) of 5144

<font color=green>Research in Motion www3.sympatico.ca I do not have a position here. Shaw, your short position is sure looking good. I hope I don't jinx it by posting the chart. Here's a few of the things we talked about last night. On the chart, I boxed in pink the last Non-trending period. That was a period during which the ADX was flat or declining. In such a period, the Stochastic may be the more reliable indicator. Stochastic is currently turning down (in red box) which is bearish. I circled some of those signals from the 20 day MA and the DMI lines. I've indicated those sell signals in late January that could have predicted a good short situation. Then in blue circles, a couple of buy signals. In pink I circled another signal that may not have been very easy to play. Now, you've got those sell signals again. This market is too whacky to say anything is a sure bet. From the chart, I'd guess that odds favour a further drop in price. If the tide starts to go in the other direction, then I'd expect this boat to rise, as well, but that's not showing in this chart, IMO. Cush

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