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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 (2182)4/20/2001 9:05:45 AM
From: Cush  Read Replies (2) | Respond to of 5144
 
Shaw, I'm watching those futures get ugly this morning. Know that a lot of people have to be nervously expecting a pull-back, if not an out-right collapse of this rally.

That's got me wondering whether I'm looking for what to get into, or what to get out of.

Wi-LAN is still looking quite attractive, especially if there's a pull-back today.

KCA and IW both surprised me yesterday.
KCA because it rallied, IW because it didn't.
IW continues to look good on the chart, IMO. I do have a personal interest.

Nortel's chart was still looking very good yesterday.
Might be worth a look on a pull-back, as well.

As far as SAR goes, I find that it is an inconsistent indicator.
I usually try to look back at its performance for the specific issue I'm looking at.

Both Aroon and ADX are supposed to be strength of trend indicators
but when I've looked, they didn't seem to agree.

I do like that StockCharts scan.
stockcharts.com

When I get a chance, I'll add that link and a bit about the ADX to the thread subject description.

Another interesting day ahead, no doubt.

Cush