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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (5498)	7/23/2004 3:54:53 PM
From: Jibacoa	Read Replies (1) \| Respond to of 23958

Looking at some of the "Havy Weights": IBM Is still not off the down trend from its June Hs. stockcharts.com PG Today tried to test its June H but is now trading below its May L and it seems it may test its April L. bigcharts.marketwatch.com GE Was able to trade a few pennies above its June 23H (33.49) on July 16 (33.62) but that now looks like a possible double-top.<g> bigcharts.marketwatch.com C Shows significant resistance at its June Hs and is now down almost 10 points from its April Hs bigcharts.marketwatch.com WMT Seems to have found enough support at the 52 level,but still needs to close above 54.<g> bigcharts.marketwatch.com MSFT's Picture is cloudy with its recent "Up-gap" and today's "Down-gap". bigcharts.marketwatch.com INTC Had a good down-gap on July 14 and its trading at its lower level for the year. bigcharts.marketwatch.com CSCO Continues on its most recent down-trend coming from its June 24 H at 24.20 bigcharts.marketwatch.com AMZN Broke down on heavy volume today with a nice down-gap in continuation of its down-trend coming from its June 30 H of 54.70 bigcharts.marketwatch.com EBAY Is still on the down-trend coming from its June 28 H at 94.13 bigcharts.marketwatch.com I hope that the market isn't predicting what is going to happen a few months ahead.That would be a bad JoKE.<g> The DOW's rally from the March 2003 Ls seems to have ended at the February 2004 H of 10753 and if the May Ls don't hold....(Better watch out as Santa may not come into town.<g>) bigcharts.marketwatch.com bigcharts.marketwatch.com Bernard