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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 (4340)4/22/2002 3:08:34 PM
From: Canuck Dave  Read Replies (1) | Respond to of 5144
 
Welcome back, cush. One day, your charts will give a clear signal.

Wonder if I'll live long enough to see a real bull market again, LOL.

Hiho, silver away!

CD



To: Cush who wrote (4340)4/27/2002 12:21:41 PM
From: Cush  Read Replies (2) | Respond to of 5144
 
<font color=red>Comparison numbers continued.

This is a 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.

I haven't been following the data for long enough to draw any profound conclusions.

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

The last nine weeks' data.

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

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

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

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

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

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

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

April ..12th ...... 68 ............ 128 ...

April ..19th ...... 90 ............ 105 ...

April ..26th ...... 63 ............ 131 ...

Well, well. Was last week's reversal just an anomaly?

Excluding last week's data, there appears to be a downtrend nicely underway.

Cush