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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 (3529)10/6/2001 4:22:44 PM
From: Cush  Read Replies (1) | Respond to of 5144
 
<font color=green>The Indexes - some notes

On the Dow Daily chart, you can see the how the price hit the 20 day MA and moved along it (decending) for a day.

During the day, Friday, with the markets having their usual volatility, the price on all three exchanges was dropping in sync with the Daily MA.

Notice how on all three Daily Exchange charts, the +DI and the -DI appeared to be heading for a bullish cross, and then veered away from each other like matching poles on two magnets.

These hold signals will mean nothing without DMI confirmation. If we do get that, it's going to be bullish, but remember these are Daily Charts. I'll be a lot more comfortable if the Weekly Charts begin giving bullish signals.

The Oil & Gas Index has been all over the place. Much too volatile and unpredictable for me.
The ADX, combined with the Stochastic (for now) and the MACD, looks bullish to me.

Like the golds, the oils are a specialized group, I don't follow them closely enough to trade them, on a regular basis, at this time.

For now, I'm watching both groups from the outside.

This past few weeks, I've acquired, and added to my portfolio, some small techs. If time allows, I'll post my small-tech portfolio on my site, before Tuesday.

Hope everyone's having a happy Thanksgiving.

Cush



To: Cush who wrote (3529)10/8/2001 5:55:12 PM
From: Cush  Read Replies (1) | Respond to of 5144
 
<font color=red>The Indexes - Monday, October 8th

Index Period - Weekend | After Monday

Dow Weekly - Sell | Sell

Dow Daily - Hold | Hold

Nasdaq Weekly - Sell | Sell

Nasdaq Daily - Hold | Hold

TSE Weekly - Sell | ----

TSE Daily - Hold | ----

Gold Bugs Weekly - Buy | Buy

Gold Bugs Daily - Buy | Buy

Oil & Gas Weekly - Buy | ----

Oil & Gas Daily - Buy | ----

Cush



To: Cush who wrote (3529)10/14/2001 11:46:11 AM
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 - Hold | Buy

Nasdaq Weekly - Sell | Sell

Nasdaq Daily - Hold | Buy

TSE Weekly - Sell | Sell

TSE Daily - Hold | Hold

Gold Bugs Weekly - Buy | Buy

Gold Bugs Daily - Buy | Sell

Oil & Gas Weekly - Buy | Buy

Oil & Gas Daily - Buy | Buy

Static shots of these charts, after the close October 12th, are available at my web page, under Index Charts.

www3.sympatico.ca

I won't have time this weekend for additional comments about these index charts.

We are at some important resistance/support lines.
Still lots of indecision, as I see it.

I likely won't get the opportunity to post my Watch Lists today. Still some work to do before I can run my scans.

If they aren't here today, I'll post them tomorrow during the day.

Cush