A Window on Westmount
Montréal, Ville Marie

      westweb
	|------David T. Nicholson
			|-------Diana T. Nicholson

REPORT ON BUSINESS

Number crunching: Technical analysis of the markets -- crunching numbers, drawing up charts, identifying trends -- has its fans and foes, but one thing is indisputable. It is gaining popularity among industry people and private investors alike.

AC Air Canaada
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Ron Meisels, president of P&C Holdings in Montreal

Ron Meisels a founder of the Canadian Society of Technical Analysts 24 years ago, says "fundamental analysis tells us how rational investors should behave, while technical analysis tells us how actual investors do behave." and...(says) the development of the discipline of technical analysis predated fundamental analysis... noting that the Chinese are thought to have pioneered it in the 15th or 16th century to trade rice futures. In the meantime, "long live 10,000 in 2000. Still to come !!"

Raoul Wallenburg

Ron Meisels called our attention to the unveiling in March of '98 of the bust of Raoul Wallenburg. It is located in the little park just north of the Anglican Cathedral, between University and Union. It was Bishop Andrew Hutchinson who made this happen, as there is a law in the City of Montreal that no statue can be raised on public property to anyone who is not dead. Russia has never confirmed Wallenburg's death, so Montreal would not allow the bust on public property. This triumph of bureaucracy was short-lived, thanks to Bishop Hutchinson.