SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cush who wrote (3661)11/5/2001 7:17:32 PM
From: Cush  Read Replies (1) of 5144
 
<font color=red>The Indexes - Monday, November 5th

The Dow Daily moved into a buy signal, and the Oil&Gas Daily fell off a cliff, into a sell signal.

As I've said before, I find the movements caused by this volatility in the Oil & Gas sector hard to predict, and therefore hard to trade.

Index Period - Weekend | After Monday

Dow Weekly - Sell | Sell

Dow Daily - Hold | Buy

Nasdaq Weekly - Sell | Sell

Nasdaq Daily - Buy | Buy

TSE Weekly - Sell | Sell

TSE Daily - Buy | Buy

Gold Bugs Weekly - Buy | Buy

Gold Bugs Daily - Buy | Buy

Oil & Gas Weekly - Buy | Buy

Oil & Gas Daily - Buy | Sell

The Nasdaq Weekly price is getting closer to that 20 week Moving Average. If we get a bullish cross, the DMI confirmation will be important. The last confirmed signal was that sell signal, over a year ago.

stockcharts.com[e,a]wallyimy[df][pb20][vc60][iud20!ub14!ll14!la12,26,9!lp14,3,3!lc20][J1399089,Y]

Cush
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext