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Re: mr_cash4 post# 13423

Tuesday, 08/16/2005 8:12:57 PM

Tuesday, August 16, 2005 8:12:57 PM

Post# of 51804
The denmo6 remains (just barely) on the buy signal...

from SPX 1219 with zero tolerance for any more downside pressure. The ADX remains uncrossed. Any down side from here will trigger an official sell signal.

http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]daclyiay[db][pb13!b20!b50!b200!d20,2][vc60][...

============================

That said, this market is at support with positive divergence on the short term charts:

http://stockcharts.com/def/servlet/SC.web?c=$SPX,uu[h,a]faclyyay[d20050416,20050816][p][vc60][iua12,...

After-hours has Hewlett-Packard up 6.12% and Applied Materials up 3.67%.

---Dennis


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