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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.

This entry was posted on Wednesday, February 11th, 2009 at 6:43 pm and is filed under Market Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.