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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 (2672)5/31/2001 12:09:08 PM
From: Shaw  Respond to of 5144
 
That seems to be the action for so long, especially on non-directional days, eh??

No volume, a few buyers off the offer and a nice chart spike. Opposite on days where we are correcting a down couple of days. No wonder the charts seem out of whack, imo.

NHC is a perfect example of that action, imho. Seemingly up and down 0.40 or so depending on which way the wind blows, on little volume. Very difficult to know if it's a short or a long, day by day.



To: Cush who wrote (2672)5/31/2001 12:20:52 PM
From: Shaw  Read Replies (2) | Respond to of 5144
 
I always get screwed up (see false sell signals) on charts that are "too the moon".

When we look at the TLC chart, we see the ADX looking like it can hold such a move??

Reprinted with permission from the author <vbg>

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