To: Cush who wrote (3438 ) 9/29/2001 12:02:33 PM From: Cush Read Replies (2) | Respond to of 5144 <font color=red>The Indexes - Weekend Edition Index Period - Last Weekend | This Weekend Dow Weekly - Sell | Sell Dow Daily - Sell | Sell Nasdaq Weekly - Sell | Sell Nasdaq Daily - Sell | Sell TSE Weekly - Sell | Sell TSE Daily - Sell | Sell Gold Bugs Weekly - Buy | Buy Gold Bugs Daily - Buy | Buy Oil & Gas Weekly - Buy | Buy Oil & Gas Daily - Buy | Hold That was a wild week on the Oil & Gas front. The Weekly chart fell to a hold intra-week, before easing back into a buy signal. The Daily had two sharp moves that I would not have been able play (too unpredictable, for me). The Daily is now showing a hold signal because the +DI has crossed above the -DI line. That would be confirmation of a buy signal, if we had one. In this case, the price is still below the 20 day MA. Please note; though we have had sell signals on the Dow, Nasdaq, and TSE300, for two weekends now, there may well be an opportunity that is not being signalled because of the distortion in the trends created by the cataclysmic events of September 11th. In my opinion, it will take some time for the trends to be properly reflected in the indicators I am using. It is certainly a time for caution, but it may well be a time of opportunity, too. It's just hard to know. Last week, despite those sell signals; the Dow was up 7.43% the Nasdaq was up 5.31% and the TSE300 was up 5.00% For my part, I have decided to err on the cautious side. I may well miss the early gains made if the market begins a sustained rally. I hope I have, in fact. I'll wait for the signals. The updating, annotated charts are available atstockcharts.com under Indexes Daily & Weekly - Ray Cushing .If you do visit the list, please give it your vote. Thanks. Cush