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Strategies & Market Trends : Technical Analysis Scans

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From: ST Trader7/10/2010 12:38:22 PM
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INTT closed over the 50 dma yesterday. It is my largest holding due to its strong fundamentals, so I am not going to add, but it looks like it could move higher over the short-term.

screencast.com

JAZZ looks interesting as well, especially if it can close over the 200 dma around $9.

screencast.com

I plan on running some scans this weekend and will post what I find. The major averages are coming up on their 50 dma, so I will probably short some when they get there just to hedge my longs. I will say that most, if not all of the good/great traders I follow seem to believe that we are going to go down much further before the year is out...but I tend to look at that as a positive for the market. :)

SPY screencast.com
DIA screencast.com
QQQQ screencast.com
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