QQQQ should die this week, but if it doesn’t then look out for 43.8
I figure I can grab some banks,drugs, and transpo–and INTC, after any dip
• Sunday, August 09th, 2009
Category: Index charts, youtube fav's
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With FSLR trading near $147 at last check, a pullback to $125 within the next two weeks doesn't seem terribly likely. Nevertheless, it's easy to see why bearish sentiment is ramping up on this solar stock. FSLR has backpedaled significantly from its May peak near $210 per share, and the equity is now in danger of finishing August below its 10-month moving average. Such an occurrence would mark the first monthly breach of this long-term trendline since March.
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mylife says IYR is going down.
real estate and financials are in breakout looking for resistance land. IMO. tread carefully.
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http://screencast.com/t/KoTA5YKTs
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Your thoughts on IXYS as it fits the overnight chart setup.....?
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