Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (10771)	1/16/2012 5:12:39 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 34328

Thanks for your input Paul. I'll keep an eye on EXC. When looking at a 2 year comparison chart of EXC and it's sector etf XLU ,I can see a clear divergence (sector shown strength, EXC has not). I also see that each time it breached critical support levels (currently 39-38) it rapidly nose dived ('09 &'10). It has already broken the longer term trend line set off the bottom (as it also did in 09 & '10 prior to taking the dive). I do agree the ute index has not broken down, nor had a reversal on the PnF chart, but is beginning to show weakness and I'm not sure if it's bottoming or creating a new future top,I guess time will tell. As for that time, the chart does show seasonal weakness, it doesn't appear to like the beginning of a new year. Obviously all this is just my opinion of the chart technicals , not weighing any fundamentals and comes back to my "what if/just maybe" low ball bid question, so again I appreciate all input. Although, with current temps of -7 F out and 50 degrees inside my house when I woke up, I may not yet be thinking clearly.