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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (53241)8/24/2001 11:23:29 AM
From: Swami  Respond to of 62347
 
unless you went long NT like teresa @10 maybe late to go long at least from a daytrading perspective just an opinion



To: CharlieChina who wrote (53241)8/24/2001 11:24:07 AM
From: Vitalsigns  Read Replies (1) | Respond to of 62347
 
either way we are not going up...

Look at my timeframes for the moves, so far so good. Wether we go down after Labor Day is of no concern to me right now , the direction is up up and away as we have broken through a large 20 day downtrend that had many prior hits. The more hits a downtrend has the more important its eventual breakthrough is and the more potent the rally. Nasdaq is in similar situation at 1900. This should give us a large point gain in a short time period. Which it has clearly begun today (you have to admit at least that much ) I am still berarish long term , but the charts have since the Tuesday , Wednesday low been calling for a rally, which we finally got today to confirm. I was truly expecting this to happen yesterday but as my low on Tuesday came one day late, I guess my short covering rally would also be 1 day late to start.