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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 (2162)	4/19/2001 2:05:20 PM
From: Cush	Read Replies (1) \| Respond to of 5144

Hi Abbeydale. On CSH/TO, here's my take. In hindsight, ya we'd all wish to get in when that +DI crossed the -DI. That's why Peter and I have been talking about finding a scan for that condition. The dropping volume is a concern. As I see it, the ADX is still indicating a strong trend in place, and that trend, as shown by the MACD (trend-following indicator) is up. Please don't let my comments influence your investment decisions. We're all learning here, and sometimes these indicators don't work, and sometimes (no doubt) we mis-interpret them. I'd likely be pretty cautious buying here but if I was in, I'd likely hold until the +DI turned down, at least. Cush