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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: Vitalsigns who wrote (217)1/27/2001 1:21:26 PM
From: marcos  Respond to of 8273
 
stockcharts.com - have you ever seen a redder CMF? ... yesterday was encouraging though eh, and other indicators looking fine ... the 50-day at 1.45 has been starting to act as support and the 200-day at 2.25 looks reachable ... but it's all about the price of silver imho [or a takeout which could happen at any time] ... when silver trades at 5.00/oz there will be a psychological trigger effect imho ... and it's only a few cents away ... supply of silver is well behind demand, central banks don't have a whack of it in vaults like they do with gold, and it has a history of dramatic moves - goldsheetlinks.com ... which is not to say that one is going to happen real soon necessarily ... but one day one will, and i'm ready, got my bay.to tucked away.

stockcharts.com - now there's a nice green CMF -g- ... i think the action here of the last few days could be seen as a bullish pattern, it moved up and consolidated back about halfway in a methodical little sort-of-wedge pennant there ... but of course much depends on the news ... which, if it is good news and it should be eh, will not be a sell-the-news event imho, since hardly any optimism seems built into the current price ... eh?

For those who don't know CMF, Chaikin Money Flow - stockcharts.com
... i really like stockcharts.com for a number of things throughout their site, but especially those galleryview charts, they whack three timeframes with indicators bingo right now up against your eyeballs.