All donations go towards web site maintenance for all of Technical Watch,
keep it free of charge, and may be tax deductable as an investment expense.


PayPal Verified
Join our market chat sessions every Tuesday and Thursday at 4:00 pm Pacific time!
More information on subscriber services can be found at
http://www.technicalwatch.com/subs.htm




Support Technical Watch!
Buy from our Book Store!
Register Calendar Latest Topics
 
 
 


Reply
  Author   Comment  
hiker

TW Member
Registered:
Posts: 8,859
Reply with quote  #1 
11/30

60 min

residing near 200sma resistance





__________________

Being honest may not get you a lot of friends, but it'll always get you the right ones. - John Lennon

0
hiker

TW Member
Registered:
Posts: 8,859
Reply with quote  #2 
weekly

what more is needed to confirm that an IT bottom is in? RSI could keep improving...

note the attempt to continue closing above the displaced 3 ema (the buy signal on the daily chart has not yet reversed):




__________________

Being honest may not get you a lot of friends, but it'll always get you the right ones. - John Lennon

0
hiker

TW Member
Registered:
Posts: 8,859
Reply with quote  #3 
and they became cheaper today:

- Legg Mason's Bill Miller said financial stocks are the cheapest since 1990 and that consumer stocks are very cheap.

strongest of the broker/dealers, GS, closed today below the 50 day ema -




__________________

Being honest may not get you a lot of friends, but it'll always get you the right ones. - John Lennon

0
hiker

TW Member
Registered:
Posts: 8,859
Reply with quote  #4 
12/21

two daily closes below the major horizontal at $28.42 in 2007... so far

the lowest weekly close in 2007 has been approx. 29.00

today closed higher than last Friday

XLF daily





__________________

Being honest may not get you a lot of friends, but it'll always get you the right ones. - John Lennon

0
hiker

TW Member
Registered:
Posts: 8,859
Reply with quote  #5 
monthly for Friday close


__________________

Being honest may not get you a lot of friends, but it'll always get you the right ones. - John Lennon

0
Previous Topic | Next Topic
Print
Reply

Quick Navigation:






Copyright 2000-2017 Technical Watch