Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Cush who wrote (3641)	11/1/2001 7:36:27 PM
From: Cush	Respond to of 5144

<font color=red>The Indexes - Thursday, November 1st The TSE300 Daily joined the Nasdaq Daily and moved back into a buy signal today. I see a few interesting numbers in the indexes. I'll comment after the list. Index Period - Weekend \| After Monday \| After Tuesday \| After Wednesday \| After Thursday Dow Weekly - Sell \| Sell \| Sell \| Sell \| Sell Dow Daily - Buy \| Buy \| Sell \| Sell \| Sell Nasdaq Weekly - Sell \| Sell \| Sell \| Sell \| Sell Nasdaq Daily - Buy \| Buy \| Sell \| Buy \| Buy TSE Weekly - Sell \| Sell \| Sell \| Sell \| Sell TSE Daily - Buy \| Hold \| Sell \| Sell \| Buy Gold Bugs Weekly - Hold \| Hold \| Buy \| Buy \| Buy Gold Bugs Daily - Sell \| Hold \| Buy \| Buy \| Buy Oil & Gas Weekly - Buy \| Buy \| Buy \| Buy \| Buy Oil & Gas Daily - Buy \| Buy \| Buy \| Buy \| Buy The Dow Daily was very, very close to crossing above the 20 day MA. It closed at 9263.9 The 20 day MA is at 9268.46 So, on a day when it climbed 188.76 points, it's less than 5 points from a bullish signal. The really interesting chart for me though, is the Nasdaq Weekly chart. stockcharts.com[e,a]wallyimy[df][pb20][vc60][iud20!ub14!ll14!la12,26,9!lp14,3,3!lc20][J1399089,Y] That link may cut off the lower indicators (for some reason that I'm not aware of), but take a look at the price, that orange trendline, and the 20 week MA. The 20 week MA is now less than 100 points above the price, and that trendline is in between. If we break that trendline, and breakout above the 20 week MA, next week, it's going to be quite bullish, IMO. Of course, we may just bounce off one or the other. Cush