Monday, December 17, 2007

 

Chartpattern Report

On a more positive note my long-term slow moving oscillator is down near areas associated with market bottoms yet so far only a few stocks are responding.

Let's start off with the Standard and Poors Depositary receipts (SPY), which track the S&P-500 as it paints a clear picture of what's happening.

Solar stocks are about the only group of stocks that are still holding up with positive looking charts right now. Let's start off with stocks in this group and then on to a few others.


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