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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 (3800)12/1/2001 11:07:39 AM
From: Cush  Respond to of 5144
 
Of particular interest, on those Index charts, check out the Nasdaq Weekly.

The buy signal will be confirmed if the +DI crosses over the -DI. That's what I refer to in these charts, as DMI confirmation.

You can see the DMI lines have converged and seem poised to cross, giving that buy confirmation.

Those two lines have looked just like that for three days. If this was a needle gauge, I'd give it a few slaps to see if it was stuck.

Cush



To: Cush who wrote (3800)12/8/2001 11:30:30 AM
From: Cush  Read Replies (2) | Respond to of 5144
 
<font color=green>The Indexes - Weekend Edition

The Nasdaq Weekly chart has moved from a Hold to a Buy Signal.

On the Nasdaq Weekly, the last previous confirmed signal was the Sell Signal on September 11th, 2000.
That was 65 weeks ago.

www3.sympatico.ca

The TSE300 Weekly index is still within a hair of confirming a Buy Signal.

The charts have been updated under the Index Charts section of my web site.

Cush


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