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

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To: Cush who wrote (3987)1/20/2002 7:48:45 PM
From: Cush  Read Replies (1) of 5144
 
<font color=blue>The Indexes - Weekend Edition

Charts are updated on my web site, under Index Charts.

www3.sympatico.ca

Once again, the overall tone of the major index charts doesn't look bullish to me. For the past month, each time the charts have looked liked they were ready for a serious correction, some mysterious force has been able to rally them. Guess we'll see whether they can do it again this week. For my part, I'm being very cautious just in case they can't.

On the Daily Dow, Nasdaq and TSE300 charts, we are just at, or just coming to, significant support prices. If these don't hold, it may get ugly.

Cush
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