The best hope for bulls here are a couple of signs that sellers may be running out of steam.
The NYSE advance-decline line (see first chart below) remains above its November and August lows, and the number of new lows on the NYSE plunged from 750 Wednesday to 216 yesterday — and didn't expand today despite another big down day. If they can continue to dry up — say, under 100 — before new highs expand considerably, we could see a bottom begin to form.
urbana.org - Articles: Signs of Hope for Mexico City::
While in Mexico, he was technical advisor for the first citywide study of 1. Derived from tables in the World Christian Encyclopedia (David Barrett, ed.
http://www.urbana.org/_articles.cfm?RecordId=369%20HOME |
And despite the doom and gloom, note the performance of the banks (second chart) today.
We'd also note that S&P commercial futures traders added to long positions this week, but they still remain net short.
1 Overview The successful launch and commissioning of the Spitzer ::
File Format: PDF/Adobe Acrobat - View as HTMLresults based on analysis of a small fraction of the FLS data appear to be enormously. exciting. . Technical Review of Cycle 1 Proposals
http://ssc.spitzer.caltech.edu/geninfo/advice/suprepts/sup-13rept.pdfHOME |
Mission: not impossible? Candidate gene studies in child ::
1Centre for Social, Genetic and Developmental Psychiatry, The Institute of There is one ray of hope however, in attention deficit hyperactivity disorder
http://www.nature.com/mp/journal/v5/n5/full/4000796a.htmlHOME |
All in all, a few glimmers of hope, but they all need to develop further if the market is going to form a bottom here.
The major indexes (charts three, four and five) continue to hold their August lows, if not by much.
We continue to key on 1360-1370 on the S&P as critical support for the bulls here, while a move above 1430-1435 and 1442 would be a good start to the upside.
SudanTribune : Opinions::
Aug 9, 2008 This is a ray of hope in a long, dark night of despair: More than 2 million .. Ethiopian Soaring Inflation Rate: A Non-Technical Analysis
http://www.sudantribune.com/spip.php?rubrique2&debut_comments_un=1940HOME |
Paul Shread is a Chartered Market Technician (CMT) and member of the Market Technicians Association.
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