Saturday, August 18, 2007

Technically WEAK stocks for Fed Driven RALLY !!!!!

The following stocks are showing technical weakness based on various formations.Please do FA on these stocks as we just finished 11% correction.This list may be a good place for CONTRARY/REVERSAL strategy.

NYSE

ADM,AKS,IR,ABB,RRI,DO,JCI,CNQ,ECA,LPL,ITG,AG,SKM,
ASX,APH,HTE,COL,TX,AXE,BWA,NAK,CAT,UNP,HON,IFX,
RDC,TIE,ICE,UBB,ETR.

Nasdaq

INTC,MRVL,XMSR,FWLT,LBTYK,CHCG,ZOLT,SOHU,TTEK,
GNTX,ORLY,BOBJ,CRDN,CRESY,MPEL,GOOG,SPIL,PAAS.

TSX (Toronto Stock Exchange)

TIM,SAP,CMT,WJA,CNR,LUN,RCI.A,AEM,SLW,GUY,MDI.

BLOG does not give buy or sell.

Saleem

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