Monday, February 14, 2005

10 YR COMPQ

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[w,a]wallyiay[pb200!b400][vc60][iut!Ub14!Ua12,26,9]&pref=G

Of course you can input to any chart I show to see anything that interest you. The NAZ was thrown back several times by the 400 WK.

The 200 and 400 like the DOW etc were moving up in tendem, but not anymore. A TURN DOWN in the 400 wk SMA would be to me a sure sign of the nasty bears reemergence.

http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[w,a]dallyiay[pb200!b50][vc60][iut!Ub14!Ua12,26,9]&pref=G LOOKING CLOSER with the daily, I think the 50 SMA could turn the move back down. BUT the 200 "could" be support.

BUT the 200 SMA is finally flattening out (NOT RISING, not declining yet) and it wouldn't surprise me to see for the 2nd time in a year the 50 declining thru the 200. NOT a bullish sign.

And certainly NO signal of oversold, lots of room to fall IMHO. AND MOST of the "big guys" have already reported.

Duratek

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