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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (32178)4/7/2000 11:06:00 AM
From: AllansAlias  Read Replies (2) | Respond to of 36688
 
John,

Short-term TA is useless on this crap. Who the hell knows. Again, I am betting on the volume and it has been decreasing throughout this churning where the price has been pushed down. There is now a discernable trend line overhead that is acting as resistance as this thing coils.

I make the point of no return to be .90-.93 and the breakout from this churning to be somewhere around $1.05/1.06. I am ignoring the depth entirely at this point and am just watching the short timeframe chart.

I get spooked too easily when I watch depth on these POS. The plugers show up with 20k at a $1 then poof, sometimes it is bought and sometimes it disappears. Much better just to watch the money flow IMO.

Top 4 buyers: GL, NBC, National, CC
Top 4 sellers: MacDougall, Desjardins, ML, CIBC

Anyway, you had it nailed when you said the 1.10-1.12 level has to go for it to run.

--Allan



To: Buckey who wrote (32178)4/7/2000 1:42:00 PM
From: koan  Read Replies (2) | Respond to of 36688
 
WOODY ALERTS! - PFN -up .50 @ $4.00 / AQI-up .18 @.80 / and ITF up .12 - all on fire and at new highs. MKT must of liked the NR last night. Took awhile - PHPI