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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: geoffb_si who wrote (10832)	1/6/2003 10:01:34 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

Hi Geoff, re: Onc The Long White candlestick shows the bulls were in complete control with today being a potential turning point. The long-term trend is still bearish but the downward trend has stopped. A reaction rally has started indicating a reversal of the long-term downtrend. Both the ADX and MACD crossovers are saying buy. (Strong Buy) stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G Regards, Al

To: geoffb_si who wrote (10832)	1/7/2003 8:24:30 AM
From: tyc:>	Read Replies (2) \| Respond to of 11802

A great posting Geoff ! I would like to try to add something to it.... an idea that seems to be making me money ! It's called "Beat the Market" From the article: "The ideal situation is to isolate stocks whose fundamentals are improving, are trading near their lows, but have been under accumulation. This means that the smart money crowd is establishing positions in anticipation of a turnaround" My ideas: If you're like me, a certain percentage of your assets are committed to the market. That being so, aren't we looking for a stock that will out-perform the market, rather than out-perform "cash" ? If a stock chart looks strong/weak, would we want to buy/sell it if the whole market looks stronger/weaker ? I therefore use a relative performance chart, using XIU as a proxy for the market to which my funds are committed.Here is an example; stockcharts.com[w,a]daclnnay[dc][pc10!d50,2!i!f][iUc20!Uf!Lb6!La12,26,9!Ll8!Lh14,3!Lyb50,2.0]&pref=G Do you think this chart looks bullish ? (Perhaps not yet but worth watching ?). If so, then (sell XIU and) buy ATY. Thenceforward, being long ATY, monitor the reciprocal chart stockcharts.com[w,a]daclnnay[dc][pc10!d50,2!i!f][iUc20!Uf!Lb6!La12,26,9!Ll8!Lh14,3!Lyb50,2.0]&pref=G Sit tight (long ATY) until this chart becomes a "buy" as it did in the first week of December. Then sell ATY and buy XIU. (I hold no brief for ATY, of course... just using the chart as an example)