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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 (2261)	4/24/2001 9:58:32 PM
From: Davy Crockett	Read Replies (2) \| Respond to of 5144

Hey Cush, Interesting comments! When ADX signals a strong trend, it's not always an uptrend In fact, lately, it's hardly ever an uptrend Especially regarding the sell signal u highlighted that was confirmed by the CMF (that was + - a few cents, $18.00 ago!!!!) If I were to play this chart, from the long side, I would probably wait until the ADX turned down from the 58 level, (possibly indicating that the prior trend (down in this case) , is losing strength. The ADX rarely stays at this level for a sustained period of time. P.S. I might play this one purely on the Buckey Bottom Bounce phenomenon. (dead cat bounce) BTW, where is Buckey when ya need him... every where I look there is complete & utter devastation. Talk about a nuclear winter. Yikes!!!! Regards, Peter

To: Cush who wrote (2261)	4/24/2001 10:04:57 PM
From: Shaw	Respond to of 5144

Hi Cush, Figured you'd be watchin the ball game. Glad you had time to put into pictures something that is uglier than a root canal. What a chart! Shoulda just shorted and then retired to a cave, after your first sell signal. I played er today and I should have waited by my research (I think). Looks like we need a hammer bottom to get this chart back on its feet. That would mean an intraday low of around 2.60 tomorrow. OUCH! Hope it doesnt happen. Gonna watch for it and try to DT this beast, I think. If you can trade this thing long successfully I think you can trade anything.