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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,264.40
(
0.00%
)
Dow Jones
39,164.06
(
0.09%
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Brent Oil
85.71
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0.34%
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Post# of 51804
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techcharter

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techcharter

Re: None

Thursday, 07/08/2004 9:26:51 PM

Thursday, July 08, 2004 9:26:51 PM

Post# of 51804
Financials look horrible

LEH is well into its next leg down. There is only one day of support at $69. The bollinger bands are turned down hard like a waterfall. The price has tagged the lower band, but stayed just above it. The Stochastics are getting oversold.

http://stockcharts.com/def/servlet/SC.web?c=leh,uu[w,a]daoayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La12...

GS has spent very little time in wave 2 ($87 to $95), but the price has been well underthe 50 DMA. The bollinger bands are also turned down hard like a waterfall. The price is in the lower channel and trying to touch the lower b. band. The Stochastics are getting oversold.

http://stockcharts.com/def/servlet/SC.web?c=GS,uu[w,a]daoayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La12,...




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