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


To: Cush who wrote (822)3/5/2001 11:50:43 AM
From: Shaw  Respond to of 5144
 
I agree on the chart reading lately. It seems any points of ST resistance are pretty moot. In this down market they just seem to cut thru them like a knife through butter.

A few bullish signs out there today tho, imo. I am still waiting for a shock that is fairly unforeseen and gives us some direction, in the way of changing/enhancing sentiment. A bellweather changing forecasts big to the upside or downside for 2001 might be an example of such a shock. i think the former would be a particularly good because bad news seems to be having little effect lately.