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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 (2663)5/30/2001 10:45:43 PM
From: Shaw  Respond to of 5144
 
Well done as usual Cush. I see you got the post in under the wire for the basketball game :).

I see some of the things we spoke about last night came to fruition today. D1 lines crossed and it broke the MA.

Actually, I could see the breakdown on the day chart and when it broke it was hard to get back above it, even though the COMP ran 30 points.

Unfortunately, we are not DTing anymore much around here, but when/if the Dting bug catches on again, we have to be very wary of a chart like this, imo. If we hadnt studied it last night I may have played it for a pop (I even posted that to Peter today... stupidly) off 49.50 when the COMP ran. Would have been a mistake because all of the indicators had broken down on it.

My 0.02, and fwiw.

Like you said, tho, hard to read charts for overnighters. If we gap up tomorrow on the COMP, Im sure these signals will reverse.

What a market!!!!!!!

Thanks again Cush.