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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 (547)	2/13/2001 8:49:02 AM
From: Cush	Read Replies (1) \| Respond to of 5144

Hi Shack. The way you are reading CLS (based on what I see in the chart) is just about the way I'm reading most of the tech stocks in my portfolio. That oversold Stochastic signal is widely seen, as is the declining MACD. I think we'll see both Stochastic and MACD go back into an uptrend. At some point, I'll have to decide if it's a bounce, or the beginning of something better. Here's a link to an interesting and well drawn chart of the Nasdaq. Message 15342606