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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (356)	1/23/2001 9:23:28 AM
From: Cush	Respond to of 5144

Hi Shack. There are at least two sides to everything, aren't there? And you and I seem to be able to find them. <ggg> I actively chart about two dozen tech-related Canadian stocks. As you know I don't play the short (dark) side. ;o) It hasn't been easy finding good "low-risk" buying opportunities but I've been fairly lucky. I do watch the Nasdaq. Where the Nasdaq goes - so go most of the techs. If the Nasdaq falls through support here (say about 2650) then it'll be time to bail-out for awhile again, IMO. TVX -despite not playing the golds (much), I think I've been in an out of TVX a couple of times. For a real change of positions, I don't see the current charts as clearly bullish. Figures, eh? <gg> In the US stockcharts.com[W,A]DACLYIMY[DC][PB20!B50!B200][VC60][IUC20!LA12,26,9!LF!LH9,3] MACD looks pretty flat to me. Stochastic doing a snake dance down the middle of the neutral zone. Chaikin Money Flow positive but with a declining pattern. Decent volume though. In Canada stockcharts.com[W,A]DACLYIMY[DC][PB10!B50!B200!H.02,.20][VC60][IUD20!UB14!LA12,26,9!LP14,3,3!LC20] Pretty light volumes. MACD is flat. Stochastic giving a sell signal. CMF negative and falling. Taking into account my usual success with gold and black gold, I'd say you're probably right - it'll go up from here. Seriously, that gold bug index does look very bullish. stockcharts.com[W,A]DACLYIMY[DC][PB10!B50!B200!H.02,.20][VC60][IUD20!UB14!LA12,26,9!LP14,3,3!LC20] Good luck with it.