Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...

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Saturday, October 14, 2006

Next week brings Options Expiration, PPI & CPI reports along with housing starts...


Parabolic advance. Is DRI taking a rest or has the advance stopped?


Multi-month channeling. Will it breakout or find the low end of the channel again?


BTH has been on a roll. Could negative divergence slow this one down?


Is this an ending formation?


MLHR caught some big air and has a huge gap. Will it close anytime soon?

Charts and comments are NEVER MEANT AS ADVICE...

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Friday, October 13, 2006

CTX



Centex reported a 28% drop in orders and slashed its fiscal second-quarter profit forecast late Thursday as the home builder suffered from a record level of cancellations.

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$TRINQ


Typically, the Arms Index is interpreted as "bullish" when it is below 1.0 and "bearish" when it is above 1.0.

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FIZ


MACD crossover...

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Charts and comments are NEVER INTENDED AS ADVICE

Thursday, October 12, 2006

Stocks under $3 (weekly charts)







(Click to enlarge)

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Wednesday, October 11, 2006

10 day by the hour SOX.X


Back to the S/R line...

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Broker/Dealer Index





The Broker/Dealer Index is comprised of 12 of the most widely known firms in the brokerage sector. It is one of the few indices that is equal-dollar weighted, meaning that each stock accounts for an equal percentage of the index. Therefore, no single firm cannot dominate the index’s value.

Company.........Index Percent
E*Trade Financial---8.9%
Ameritrade Holding---8.9%
Jefferies Group---8.9%
Charles Schwab---8.5%
Lehman Bros.---8.4%
Morgan Stanley---8.3%
Bear Stearns---8.2%
AG Edwards---8.2%
Merrill Lynch---8.1%
Goldman Sachs---8.0%
Raymond James---7.9%
Legg Mason---7.7%

Charts and comments are NEVER INTENDED AS ADVICE

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$VXO


Consolidating with positive divergence...

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Tuesday, October 10, 2006

Disk Drive Index



Charts and comments are NEVER INTENDED AS ADVICE...

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Semicondutor Index


(click to enlarge)

Thanks for visiting

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Creeping higher in choppy trading


QQQQ in the arms of clenching Bollinger Bands

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Monday, October 09, 2006

Corresponding bond and currency trading resumes on Tuesday



Transports with flats...



Nasdaq 100 bumped up against its rising channel top but dipped back near the close...

Hope you enjoyed the charts and thanks visiting...

The charts or comments are NEVER INTENDED AS ADVICE


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Sunday, October 08, 2006

Remember

Strong quick declines can happen.

Good luck with your research..........

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Backtest or false breakout


Computer technology index.........
(Click chart to enlarge)

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