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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (14248)	5/24/1999 7:37:00 PM
From: 1st.mate	Read Replies (3) \| Respond to of 62347

Is this a test for grasshopper!<ggg> Fridays gap crossed the trend line on both long and short term lines, and closed above. A weak ralley by the bulls...We will see a very small pop on the open as this was done on little volume. I would also say that this is only a day or two trade(SHORT) as the gap is a exhaustion gap and the bulls are about to take over.... the tale below 9 shows that the price was rejected.. Flip side!!! The same angle has been seen before with this stock on upward trends, and that angle shows a long upward climb...There are mixed singles here and as a junior chartest, I will watch for more clear signal..<ggg> My triangle indicates a bull rally also. Rectangle says up also... OK Keith, here is my final analysis...we will see 11.25 within the next 2 days and I would not short...I would be buying your short stock.. Reason!!! 1)Angle of upward trend is same as previously seen on this stock! 2)Triangle says up and hard! 3)Rectangle shows a climb to 11.25 4)The morning trading price and volume will tell all 5)Tale shows rejection below $9 To all, please don't let my analysis affect your decisions! I no nothing of this stock and don't know the name of the stock!!! My opinions are drawn strictly from the chart and nothing else!!!I may be ilinformed on most everything I am doing...<ggg>but I still think I am right!!! Someone else want to try???I would love to hear the Chiefs thoughts...Ya up for it old bud??? Come on people, state your case and why!!!Matey

To: keith massey who wrote (14248)	5/24/1999 10:24:00 PM
From: Bill Rinker	Respond to of 62347

CN.B "Often when you see a small floating candle (Shooting Star Formation) on low volume during an uptrend it means that the stock has lost upward momentum and is running out of buyers" I was thinking same thing, but was wondering if one should dismiss the past few days of the chart because of the effect of the "Greenspan Factor" which does affect almost every stock in one way or another. The "GF" can and does throw a curve ball into TA, and I was wondering how one could best account for this. Thanks for your opinion. Greatly appreciated. BR