Comments on: Tech Talk for Friday October 30th 2009

By: Don Vialoux

Don Vialoux — Sat, 31 Oct 2009 15:57:04 +0000

Hi Dan. RIM in Canadian Dollars could “fill the gap” implying downside risk to $61 Cdn.

By: Don Vialoux

Don Vialoux — Sat, 31 Oct 2009 15:56:00 +0000

Hi Eve. Stay tuned for a full evaluation in Monday’s Tech Talk.

By: Eve

Eve — Fri, 30 Oct 2009 17:02:34 +0000

Hi Don,

Where do you see the TSX going to? It’s already below its 100 day ma, do you see it going to its 200 day ma? Where do you see it going next week?

Thanks Don!

Eveline

By: Dan

Dan — Fri, 30 Oct 2009 15:33:13 +0000

Hi Don, First thanks for all your efforts with this blog, it is much appreciated. What’s your technical view on rim.to at this point and will seasonal influence come into play this year? Seems to be floating in no mans lands with no bottom in sight. I’ll look forward to your next bnn appearance.

By: Don Vialoux

Don Vialoux — Fri, 30 Oct 2009 14:47:55 +0000

Hi Jan. Support levels for HXD are at $12.86 and $13.02. In addition, its 50 day moving average at $13.98 is a possible support level. Stops normally are placed just below support levels.

By: Jan Mohammed

Jan Mohammed — Fri, 30 Oct 2009 14:29:42 +0000

Hi Don, bought HXD at $15 in early Sept, P/F shows double bottom, and expect to make $16.50, going to Mexico on Monday, HXD currently $14.50, where would you put a stop. I dont wish to trade ,prefer to do it automatically. Thanks for all your wonderful advice. Jan.

By: Don Vialoux

Don Vialoux — Fri, 30 Oct 2009 14:27:49 +0000

Hi GregDS. Several seasonal trades that come in at this time of year are lining up, but technicals are not there yet. Stay tuned.

By: Greg DS

Greg DS — Fri, 30 Oct 2009 12:47:19 +0000

I miss Don’s “what to do now” (no offence to other contributors – but I’m here for Don). I’m lost here Don…throw us a bone!!

GDS

By: Jeff

Jeff — Fri, 30 Oct 2009 11:40:42 +0000

How significant is yesterday’s lack of volume, as mentioned in “By the Numbers” from last night? And to my fellow readers – I wouldn’t rush into too much buying. Take a look at this morning’s blog by ‘Humble Student of the Markets’. (Just Google that.)

By: gary

gary — Fri, 30 Oct 2009 11:21:01 +0000

Ok you are the bears I get it. I have been hanging around with you guys for a long time in hibernation. I’m hungry and need to get out in this market. Is it ok if I go out now and snack a little on oily foods with a few gold nuggets? The weather charts sure looked good for XEG and XMA on Wedenday.
Thanks for a great technical outlook. I enjoy the morning read.
Cheers, Gary J.