Midsession Comments for 2/11

by Scott Hoffman on February 11, 2009

Stocks:  The NASDAQ is testing yesterday’s low. The semiconductor index (SOX)  is extending yesterday’s loss.
USH:  Some selloff after the 10 yr. auction, momentum is still on a short sale signal.
DXH:  Testing trendline resistance around 8650.
JYH:  11030, 10990 are support.  There’s talk that the G7 may discuss FX this weekend-soften the Yen?
BPH:  14236 is the next downside target.
GCJ:  Cleared resistance at old highs of 931.30, 938.20. Buy dips.
CLH:  Intermediate term it’s going a lot lower.
BOH:  I might be looking to buy this on the close.  I like the momentum posture, and 3330 is the 40 day MA-support.

  • Google Reader
  • Google Bookmarks
  • Digg
  • Facebook
  • PrintFriendly
  • Reddit
  • Twitter
  • Technorati Favorites
  • StumbleUpon
  • Share/Bookmark

Comments on this entry are closed.

blog comments powered by Disqus

Previous post:

Next post: