Saturday, June 9, 2007

Technically WEAK stocks FWIW

The following is a list of technically weak stocks based on various technical formations.Fundamental analysis should be done also.Technicians cannot predict events which may affect stock prices.

NYSE

GLD,KMP,THC,BAX,TOL,CMS,TV,D,ANF,CEG,SPF,KBH,PEG,RS,LMC,
CRM,UBS,UN,SYK,DRE,EL,NOC,CLX,EQY,FRG,NNN,TK,GMR,CVO,
AXE,POR,BCR,EE,DCI,CPX.

Nasdaq

YHOO,MXIM,IMCL,LRCX,STLD,SHLD,CHKP,HLTH,PETM,SBGI,TXRH,
PRFT,CCRT,PTNR,SCHN.

TSX ( Toronto Stock Exchange)

JSD,SLF,TOC,S,PCA,RY,CKG,MN,NCX,FRG,PBG,MDI.

As you can see the list of technically WEAK stock is very long....a reflection of 3 day major selloff plus an ongoing deterioration in many many stocks ..long before correction.

Please do your own due diligence & Stay DIVERSIFIED.

BLOG does not give buy or sell.

Saleem

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