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

To: Davy Crockett who wrote (4487)	7/12/2002 9:55:54 AM
From: kirby49	Read Replies (1) \| Respond to of 5144

Morning Peter, according to the futures, looks like they could continue the rally. Of course that could change in about twenty minutes<GG>. I stared at this INO one year chart last night. Three consolidations with breaks under the 50 day MA followed by very nice advances. All very orderly, just the way I like it. If I knew anything about E waves I'd wonder if we have finished the 3rd of 5. Or maybe the 4th if you go back and include May 01 which started it all with the backwardation in lease rates. I'm hoping it's the 3rd or 4th of 10 perhaps, but the only important thing is to watch for the next one and be prepared for a breakdown. Good luck trading those techies against the trend. Ooops, I see since I started this it's the usual. quotes.ino.com Regards Bob Out for a short bike ride with the youngest. Beautiful day.