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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 (3551)10/10/2001 7:54:38 PM
From: Canuck Dave  Read Replies (1) | Respond to of 5144
 
I'm gritting the old teeth on AEC. Missed one, as they say.

Weekly chart still indicates weakness.

CD



To: Cush who wrote (3551)10/11/2001 8:00:29 PM
From: Cush  Respond to of 5144
 
<font color=green>The Indexes - Thursday, October 11th

Some buy signals are appearing.

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

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

Dow Daily - Hold | Hold | Hold | Hold | Buy

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

Nasdaq Daily - Hold | Hold | Hold | Hold | Buy

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

TSE Daily - Hold | ---- | Hold | Hold | Buy

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

Gold Bugs Daily - Buy | Buy | Hold | Sell | Sell

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

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

The three major indexes moved into Buy Signals on the Daily Charts, today.
That's great. Is it sustainable?
Who really knows?
Time will tell.

On the TSE300 Daily, the DMI lines and the ADX line have converged, and it's impossible to tell if the +DI has actually crossed above the -DI. I decided to count it as though it has.

We've risen through some resistance levels on the Exchanges, but we're still a long way from Buy Signals on the Weekly Charts.

Cush