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denmo83

08/16/05 8:12 PM

#13425 RE: mr_cash4 #13423

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][...

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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