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

To: Abbeydale who wrote (1075)	3/14/2001 10:32:46 AM
From: Cush	Respond to of 5144

Hi Abbeydale. Ventra Group (edit) and Namibian Minerals stockcharts.com[w,a]daclyimy[dc][pb50!b200!b1!f][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20] You said, Taking a stab at a "Cush-esque" chart analysis (rookie here, so don't anybody listen to this prattle) it looks to me like it is poised to either stay flat or sell of slowly... MACD is flat, CCI Rising, RSI already high, as is Full Stoch and not sure what to make of the CMF (not really up on that one yet)... IMHO it looks to be a hold at best... I do not have a position here. You'll see I changed the time frame to the six month frame I'm more used to looking at. Charts of this nature, I find very difficult to read. When the Stochastic gets up into that overbought zone and stays there - who knows? Usually I go to the fundamentals to try to get some idea of what is going on. Don't know enough about this company to make any sort of worthwhile call, myself. New President and COO, recently restructured, .... lots going on. I see pretty much exactly what you do in the chart. MACD histogram is flatlining with the momentum lines *possibly* reaching an exhaustion point. Stochastic and CCI indicating an overbought situation. RSI close to the overbought zone. Was going to comment on the volume, which seemed to be tapering off (often the precursor to a bigger move coming), when I realized that the volume shown on the StockCharts.com graph is wrong. According to Stockwatch, the volume yesterday was about 1.4 million. So, something's out of wack. That Chaikin Money Flow may be a good sign. Apparently someone is accumulating, as I read it. I'd have to look at more than this chart to decide if it was a buy, hold, or sell for me. Not much help, I know. Hope that at least confirms that I see about the same thing you do, in the chart. This was a late edit- Namibian Minerals NMR on TSE stockcharts.com[w,a]daclyimy[dc][pb50!b200!b1!f][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20] I agree, from this chart, looks worth watching. MACD appears to be giving, or about to give a buy signal. Looks like Stochastic will support that signal. Cush

To: Abbeydale who wrote (1075)	3/15/2001 7:52:53 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 5144

Hi Abbeydale, I selected this POS for Al's CDN stock picking contest... Subject 50710 I was just looking for a bounce that might sustain itself over a few days... Interesting chart NMR.to. stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14] I am too lazy check out what contributed to the "waterfall event", but it is quite clear on the chart that 'something' was up, opps sorry... err down <g> The RSI, Slo Stoc, ADX & Macd indicate that it is severely oversold (no surprise here), Huge volume, but it has leveled off... The VTA.to chart is perhaps, even more interesting than the NMR.to chart. stockcharts.com[w,a]dicayymy[dc][pc5!c21!c50!c200!h.02,.20!f][vc60][iut!Ul14!Lc20!La12,26,9!Lh14,3!Lb14] I really like the uptrend that this security is in. If I were to enter this trade, I would wait for a pullback, as it appears oversold at this juncture. FWIW edit...Sorry, Cush beat me to the punch!!! Regards, Peter