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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 (2847)6/16/2001 5:24:30 PM
From: Davy Crockett  Read Replies (1) | Respond to of 5144
 
Hi Cush,

Interesting discussion on the Teresa Lo thread about ADX & DMI's. I'm just lurking... too chicken to post <g>

Michael Watkins on ADX "My favorite three uses for ADX are
1 - Extreme readings (40 - 50 depending on stocks vs futures or daily vs intraday time frames, just a guide) are an indication of a trend end, or an extensive consolidation after a strong trend, being near by. In either case, time to exit draws close.

2 - When ADX is moving up steadily from lower values, trend following techniques are indicated So is the inverse true... when ADX declining look to non-trending indicators??

3 - Also on a similar tangent notice that often if there is a very high ADX, ADX will take a "U" or "V" shaped pattern before the next significant chart point is made

Perhaps my most frequent use of ADX is to look from the point of an ADX peak and follow the decline to the trough as you described - use that section of the chart to locate and identify consolidation patterns. Usually will draw a trendline from the peak down along the decline and the peak and bottom points of the trendline will frequently add some clarity to consolidation zone spotting...
"

Message 15953811
& associated posts
siliconinvestor.com



To: Cush who wrote (2847)6/16/2001 8:41:53 PM
From: Cush  Respond to of 5144
 
Looking through a few charts from that list and noticed that CX.TO does not belong on the list, at this time.



To: Cush who wrote (2847)6/17/2001 6:11:13 AM
From: Shack  Respond to of 5144
 
Cush, I really appreciate this list. I'm searching for some Canadian tech long candidates for mine and the girlfriend's RRSP for what I see has a decent rally starting soemtime this week. My favourite on this list is KCA.

It looks like its just finished a correction and is about to resume its uptrend. I am looking for entry this week.



To: Cush who wrote (2847)6/17/2001 10:11:52 AM
From: Davy Crockett  Respond to of 5144
 
Great idea Cush!

Very interesting list.

Regards,
Peter



To: Cush who wrote (2847)6/30/2001 2:54:44 PM
From: Cush  Read Replies (3) | Respond to of 5144
 
<font color=blue>Above the 20 week MA list

Each evening, I review the charts of a number of stocks, looking for prospective buy candidates. I am currently using the 20 week Moving Average as a filter. I look at stocks that are above the 20 week MA, as possible candidates.

The ones in this list are only those below $20.
The list isn't meant to be comprehensive - it's just my list.

When I look at these stocks, I start by checking the weekly, three year chart, then I check the daily, six month chart.

Here's two examples.

Weekly for BRK.TO (Bracknell Corp.)
stockcharts.com[w,a]wallyimy[df][pb20!f][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20]

Daily for BRK.TO
stockcharts.com[e,a]dallyimy[dc][pb20][vc60][iUd20!Ub14!Ll14!La12,26,9!Lp14,3,3!Lc20]

I know nothing about Bracknell Corp, and I do not have a position here.

If you open either of those links, you can enter the ticker symbols listed below, to check any of them.

This week, I have filtered the list to include only companies whose share price is above the 20 week MA,
and whose price is above the 20 day MA, as well.

In addition, I have marked in bold, those companies whose price has just crossed the 20 day MA,
and I have marked in italics, those companies whose +DI has just crossed the -DI, on the Daily charts.

So, here's the list.

AGE.TO
ATY.TO
BCB.TO
BRK.TO
CDZ.TO
COR.TO
CRW.TO
EXE/A.TO
ISA.TO
KCA.TO
LNR.TO
MDI.TO
MGX.TO
MLT.TO
OCX.TO
PAA.TO
PIL.TO
RXD.TO
SYB.TO
TRP.TO
WED.TO
WPT.TO

I do have positions in a few of the stocks in the above list.

Please do not interpret the posting of this list as an endorsement to buy or sell, any of these issues.

Cush