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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 (1609)3/26/2001 4:14:22 PM
From: Dexter Lives On  Read Replies (1) | Respond to of 5144
 
Hi Cush,

TSX appears to be launching. Any obvious buy signal showing recently or is it getting marched up?

Thanks. Rob



To: Cush who wrote (1609)3/27/2001 9:46:57 AM
From: Cush  Read Replies (1) | Respond to of 5144
 
I'll likely do another Nasdaq intraday, later today.

Looking at yesterday's chart, it's now obvious that the Nasdaq didn't break out of that channel.

On some thread, I think I read someone's calculation that with the downtrending, upper limit line, the Nasdaq needs to rise about 15 points less each successive day, to break through the upper limit line.

Roughly, I think that calculates to about 1945 for today.

It may be a moot point, looking at how we've opened.

Cush