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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 (4207)2/25/2002 9:00:44 PM
From: Cush  Respond to of 5144
 
<font color=green>The Indexes - Monday

Charts are updated on my web site, under Index Charts.

www3.sympatico.ca

Dow Daily back into a Buy Signal, from the Weekend's Hold Signal.

TSE300 Weekly, back into a Hold Signal, from that thin Sell Signal on the Weekend.

I don't know. It's all becoming a mystery to me.

Like that character from Shakespeare in Love says.

It'll all work out. I don't know why, but it always
does. It's a mystery.

For my part, I can't imagine why anyone is buying, but I'm heavily invested (though a good portion's in gold) so if they want to run it, so be it. It'll all work out.

Dow did break above that one-year down trend line on this chart.
stockcharts.com[r,a]daolyiay[dd][pb20!b200][vc60][iud20!uyb20,2.0!lc20][J3183514,Y]&listNum=38

Nasdaq still well within it's downtrend channel.
stockcharts.com[r,a]daolyiay[dd][pb20!b200][vc60][iud20!uyb20,2.0!lc20][J3183466,Y]&listNum=38

Cush



To: Cush who wrote (4207)2/26/2002 7:07:21 PM
From: Cush  Read Replies (1) | Respond to of 5144
 
<font color=green>The Indexes - Tuesday

Charts are updated on my web site, under Index Charts.

www3.sympatico.ca

Oh those gold stocks in Toronto.

The TSE300 Daily moved all the way from a Sell Signal to a Buy Signal, today.

That was the only change in the signals, but it's worth noting that the Dow Weekly is poised to move from a Hold Signal into a Buy Signal. The price cross of the 20 week Moving Average hasn't been confirmed by the DMI, yet, but the ADX, +DI and -DI have now converged onto one molecule. Any strength in the Dow tomorrow would likely trigger a Buy signal on the Weekly.
Keep in mind, I'm referring to the Dow Weekly Chart.
The really valid signal, on this chart, will be generated on Friday.

Cush



To: Cush who wrote (4207)2/27/2002 7:28:56 PM
From: Cush  Respond to of 5144
 
<font color=green>The Indexes - Wednesday

Charts are updated on my web site, under Index Charts.

www3.sympatico.ca

I have chosen to leave the signals unchanged after today.

The TSE300 Weekly may have had a thin confirmation of the Buy Signal today, but I'll wait another day at least.

The Dow Weekly is still waiting for a Buy confirmation, as well, with the +DI, -DI, and ADX all sitting on the same spot.

Gone for the evening.

See you tomorrow.

Cush



To: Cush who wrote (4207)2/28/2002 8:22:52 PM
From: Cush  Respond to of 5144
 
<font color=green>The Indexes - Thursday

Chart signals are updated on my web site, under Index Charts.

www3.sympatico.ca

Decided to accept that Buy Signal on the TSE300 Weekly chart, at least for tonight. Since that is a Weekly chart based on Weekly Closing data, the signal tomorrow night will have more meaning.

Still no movement on the Dow Weekly, still a Hold Signal, as the ADX, +DI, and -DI are all still sitting on the same spot.

Cush



To: Cush who wrote (4207)3/2/2002 1:05:32 PM
From: Cush  Read Replies (7) | Respond to of 5144
 
<font color=green>The Indexes - Weekend Edition

Chart signals are updated on my web site, under Index Charts.

www3.sympatico.ca

I'll try to drop back later with some comments.

Lot of Buy Signals have appeared.
Only one Sell Signal left, the Nasdaq Weekly.

It's going to take some thinking to decide what that means.

I remain extremely skeptical of the fundamentals behind this rally, but I don't trade on fundamentals.

I found the last week's rally unpredictable, especially the abrupt turn in the falling Stochastic, on charts like this Dow Weekly chart.
stockcharts.com[e,a]wallyimy[df][pb20][vc60][iud20!ub14!ll14!la12,26,9!lp14,3,3!lc20][J1399024,Y]&listNum=10

That's very hard to trade.

Now the question is - has a new, reliable trend started?

I'd be happy to hear ideas based on the Technical indicators in these charts.

Cush