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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 (4330)4/6/2002 7:05:06 PM
From: Cush  Read Replies (1) | Respond to of 5144
 
Continuing this comparison of about 200 TSE stocks that I follow. These stocks mostly trade below $20.

Each weekend, I sort these stocks into two groups; those above the 20 day Moving Average, and those below the 20 day Moving Average.

This data is anecdotal in nature.
I haven't been following it for long enough to draw any profound conclusions.

Here's the comparison again, with this week's data added.

The last five weeks' data.

.............Number Above ....Number Below

.April ..5th ...... 79 .......... 116 ...

March 28th ...... 92 .......... 103 ...

March 22nd ..... 107 ........... 89 ...

March 15th ..... 128 ........... 68 ...

March .8th ..... 133 ........... 63 ...

March .1st ..... 102 ........... 94 ...

There does appear to be a trend still happening.

Cush