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The latest from the
IndexHunter session 10/21/2009 DIA - weekly seeing a little sideways motion, potential for near term weakness, daily has downside divergence, don't hold call options. AUTODIS - since the Double Top in Price and the downside divergence below the signal line, it's never slowed down, as the market weakened this sector accelerated to the downside. SEMICON - weaker than the DOW technically. SKF - clearly defined on Short Funds 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. |