Monday, October 13, 2008

Charts

Bullish

ICE

My favorite stock exchange. Has not run up too much like CME, is not weak like NYX.

BTU

Just an oversold play.

MEE

I like this as a better oversold play.

UA

Short squeeze candidate. Only if retails pick up, they were lousy today.

CHK

Oversold.

Bearish

I like the ags as shorts, but a lot of these charts need some more time.

CF

A bit more time. Bear flag forming.

FSYS

Very nicely retracing back to the downward trendline.

MON

I really like this one. It has already overwelcomed its rally, the downward moving averages will catch up with it very soon.

MOS

Another ag ready to meet its doom. No one like this stock now!

POT

Yet another ag.

NYX

Meeting resistance, the weakest stock exchange stock.