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

To: Shaw who wrote (1991)	4/11/2001 9:33:17 AM
From: Cush	Read Replies (1) \| Respond to of 5144

Pullback? Are you kidding? I thought this was it. We're going up now, aren't we? I'll be looking at some charts for resistance/support lines later this morning, if this thing has legs. For now, I'm enjoying this. It's been awhile. :o) Cush

To: Shaw who wrote (1991)	4/11/2001 10:03:34 AM
From: Shack	Respond to of 5144

We would not pull that far back. It looks like we are still only in the middle of this melt-up and that the next little pullback will not be that severe, and it will be followed quickly by a last push up which may or may not make new highs. This could all happen today. After that I'm less sure. This looks more like the early stages of a somewhat lengthy corrective wave which will retrace a % of the down from Feb 1. It could eventually test the September dt line but its early yet. I have no idea what form this will take and could just be some sideways nonsense for a couple of weeks. During this larger corrective wave, I would expect to come back to COMP 1750 to close that gap. You know, I would feel better about this rally being sustainable if the bulls wouldn't push it up 5 to 9% a day! Hope that helps Shaw.