DJ MARKET TALK: Some Names That Might Be Out Of Gas
02 Oct 08:36
Edited by Thomas Granahan
Of DOW JONES NEWSWIRES
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MARKET TALK can be found using code N/DJMT
8:36 (Dow Jones) Lehman technical analyst Jeff deGraaf ran a screen looking
for stocks trading: below their 200-day moving average, above the high price
set on Sept. 11, and less average volume in the last five days than the
previous 6-10 days. The list represents stocks that are bouncing from the
initial selling climax, but are likely to retest lows and are probably running
out of gas, he says. Some of the notable names: WAT, MDT, DD, HET, PCLN, KSS,
LOW, HI, KRB, GS, MWD, C, and AIG. |
