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The latest from the
IndexHunter session 10/13/2009 Major Markets - no good entry points on puts or calls on longer term, the weekly is still ahead of the price of DIA. CVX - the bottom it formed was above previous low, but now the hourly is showing a downside divergence, not interested at this point. JNJ - weekly is flat has potential to go below 60. WMT - technical strength on the weekly has been strong, monthly is turning over, daily has momentum to the upside but it's not real convincing yet because price hasn't compressed. XLE - commodity driven market and the best stocks right now are the commodity stocks. |