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


To: Dexter Lives On who wrote (1610)3/26/2001 8:21:16 PM
From: Cush  Read Replies (2) | Respond to of 5144
 
<font color=green>360 Networks TSX on TSE

stockcharts.com[w,a]daclyimy[dc][pb10!b50!b200!h.02,.20][vc60][iUd20!Ub14!La12,26,9!Lp14,3,3!Lc20]

Hi Rob. I just happen to have a position here. :o)

Looks like it's being fairly closely watched by our group, at least. <gg>

I haven't been saying much about it, or posting a chart, because I think it's being played by forces large enough to make my chart reading meaningless.

It would have been nice to have had fore-knowledge of that Barron's article that seemed to precipitate this last fall.

Now,

that was a promising (hammer) candlestick, two days ago, I think. Anyone of you candlestick readers care to comment.

As I commented about the S&P on the weekend, the fact that the Stochastic is snaking along in the oversold zone certainly wasn't a buy signal.

MACD appears to be crossing and beginning an uptrend.
Stochastic would support that signal, IMO.

Now, we'll see if the big boys are buying or selling.
I still don't trust the chart.
Wouldn't it be nice to see some major short-covering start to happen.

Cush