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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 (3464)9/27/2001 12:23:47 PM
From: Dexter Lives On  Read Replies (1) | Respond to of 5144
 
Hi Cush,

If you keep posting those index listings in red, you may have to change your thread to the Red Board <gggg><ng>.

Just wanted to give you a heads up on the fundamental side; Japan may be in serious trouble when mark-to-market happens on 9/30 (Monday?). So not only have the indexes been hurt by repatriation these last few weeks, but for the next 2-3 weeks we could get news of banks collapsing under the weight of rancid loans (or worse more shenanigans trying to hide or defer the problem loans in the pyramid scheme known as the Japanese economy). A time for extra caution taking new long positions, imho...

Of course we could see a surprise uptick in Japan if they actually start dealing with their systemic problems, but that is a low probability event, if history is any indication.

Rob



To: Cush who wrote (3464)9/27/2001 4:24:59 PM
From: Cush  Read Replies (1) | Respond to of 5144
 
<font color=red>The Indexes - Thursday, September 27th

Index Period - Weekend | After Monday | After Tuesday | After Wednesday | After Thursday

Dow Weekly - Sell | Sell | Sell | Sell | Sell

Dow Daily - Sell | Sell | Sell | Sell | Sell

Nasdaq Weekly - Sell | Sell | Sell | Sell | Sell

Nasdaq Daily - Sell | Sell | Sell | Sell | Sell

TSE Weekly - Sell | Sell | Sell | Sell | Sell

TSE Daily - Sell | Sell | Sell | Sell | Sell

Gold Bugs Weekly - Buy | Buy | Buy | Buy | Buy

Gold Bugs Daily - Buy | Buy | Buy | Buy | Buy

Oil & Gas Weekly - Buy | Hold | Hold | Hold | Hold

Oil & Gas Daily - Buy | Sell | Sell | Sell | Sell

The Weekly Oil & Gas Index is very close to either a buy or sell signal. These Weekly charts are created using weekly closing numbers, so tomorrow's number has added significance.

The annotated, updating charts are available at
stockcharts.com

under Indexes Daily & Weekly - Ray Cushing.

If you find them useful, please give the list a vote.

Thanks.

Cush