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


To: Ellie who wrote (14819)5/27/1999 11:38:00 PM
From: keith massey  Respond to of 62348
 
Ellie ???

I just tried the link and it worked fine. The pages server might have been down when you tried last time. I only use Point and Figure when I really need another opinion on a stock...however sometimes it works to look at it from a completely different angle.

The old timers just love Point and Figure because they can do it right on their note pad and don't have to worry about those "fancy computers"

Someone asked me to take a look at the BIT chart...
It has been falling on very low volume which is normally not a very bearish signs...however it has taken a big dive from the top without buyers coming in which has to make you wonder.

I see the ultimate resistance at $3.60-3.65. In my opinion if it test this and breaks it on volume than there is some very wrong that the BIT thread doesn't know about. However it is my gut feel that it will bounce off $3.60 if it makes it down to that level tomorrow.

Best Regards
KEITH