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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (4408)1/30/2005 5:52:26 PM
From: Walkingshadow  Read Replies (1) of 8752
 
Hi Reid,

A nice list as usual.

IACI is very interesting. There is a downtrend line in the peaks of the stochastics over the last few months that constitutes bearish divergence. IACI sold off recently, but now the stochastic has rallied through that downtrend line:

139.142.147.218

Willams has been held below -80 for over a month. Looks like a strong reversal may be in the cards there, I like that chart.

The others all have bearish candles overhead, especially PBI. Volumes in those candles vary, but I think I would probably steer clear of PBI, or else keep a tight stop. PBI looks very good in many ways, but those bearish candles are not far overhead.

139.142.147.218

T
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