August 04, 2004
Return Of The Son Of Denying The Divergence -- David Penn
A double negative divergence signaled a market top in June. Will another double negative divergence signal another top in August?...
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August 03, 2004
Why The S&P 100 Could See Much Lower Prices -- Kevin Hopson
A lack of fear in the marketplace could indicate lower prices for the S&P 100....
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Gap Counter Gap -- David Penn
A one-day island reversal in shares of Goldman Sachs points to lower prices going forward....
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August 02, 2004
Sometimes A Gold Notion -- David Penn
What if the March highs represented the end of a cyclical bull market in gold?...
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July 29, 2004
Journey to the End of the Diagonal -- David Penn
Ending diagonal triangles are one of the many ways Elliott wave analysts bring five-wave movements to a close....
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Confirmation Comes To The Averages -- David Penn
While Dow theorists eagerly watched to see if the Averages would take out their May lows, recent closes beneath the July lows may already tell a bearish tale....
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Crude Oil: Roar Or Death Rattle? -- Jason Braswell
With crude oil making a new all-time NYMEX high today, you can be sure that plenty of people are going to start chirping about it again, and much of the discussion will likely assume a grim tone given...
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Shanghai Composite Enters Support Zone -- Arthur Hill
The Shanghai Composite has been a roller coaster over the last two years and is now approaching a major support zone....
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Emerging Support For Rowan Cos. -- Kevin Hopson
The recent pullback in Rowan Cos. may provide an excellent buying opportunity for investors....
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July 28, 2004
DELL Continues to Hold Strong -- Arthur Hill
Despite weakness in the Nasdaq, Dell Inc. (DELL) remains within striking distance of its October high and shows good relative strength....
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DR Horton and the Head-and-Shoulders -- Arthur Hill
DR Horton (DHI) is part of a homebuilding group that has outperformed the market over the last four years. With a head-and-shoulders reversal brewing, things could be about to change....
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The Copy Book Recovery Of Xerox -- Koos van der Merwe
Xerox Corporation raised its full year outlook, citing second quarter performance and strong demand for Xerox's new technology and value-added services....
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TSX Energy Index Testing A Breakout Level -- Gary Grosschadl
This Canadian Energy Index has been lagging its American counterparts and now hints at wanting to go higher....
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Kmart Retracement -- Gary Grosschadl
After doubling in price in three months, a retracement is no surprise....
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July 27, 2004
Lumber in August -- David Penn
Will recent highs in lumber futures mark the top of the bull market?...
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July 26, 2004
Bears Falling on Cotton -- David Penn
Since breaking down in the spring of 2004, cotton futures have lost a third of their value in four months....
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July 23, 2004
A Portrait of General Electric as a 2B Test of Top -- David Penn
A favorite technique for spotting potential market tops and bottoms appears as shares of General Electric test their June highs....
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Biotech HOLDRS Break Neckline Support -- Arthur Hill
A top has been brewing in the Biotech HOLDRS (BBH) for months and the stock finally broke neckline support. Now what?...
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July 22, 2004
Microsoft Revisited -- Koos van der Merwe
On June 24th, I submitted an article, Microsoft: Is It Worth Buying? I decided to revisit the stock price to see if it is still worth buying....
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The Moving Average Trilogy -- David Penn
A short-covering rally in the $OEX runs into resistance at the 20-, 50- and 200-day simple moving averages....
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A Developing Bottom for Marvel Enterprises -- Kevin Hopson
Marvel Enterprises has experienced a steep decline in recent weeks but this may be coming to an end....
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July 21, 2004
Best Buy: The Bid Is A Lonely Hunter -- David Penn
While some may have longed for a head and shoulders bottom, the July breakdowns in Best Buy add to the saga of retail's woes....
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Talbots Leaves Them Stranded -- Arthur Hill
Talbots (TLB) formed two opposing gaps in as many months and this has created an "island of losses" as well as a large bearish reversal....
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Amazon Shrugged -- David Penn
A head and shoulders top in the hourly chart of this internet stalwart suggests lower prices for Amazon in the near term....
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Ruger Breakout A Misfire -- Jason Braswell
Sturm Ruger & Co., Inc. looked ready to break out of their long-term downtrend, but it now looks to have been a trap. Potential investors should now hold and see if the long-term trend will resume....
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July 20, 2004
Airlines Get Grounded -- Arthur Hill
My previous articles on the Dow Jones Airline Index were bullish, but a recent failure and steep decline suggest something is amiss and a reassessment is in order....
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Nasdaq Downside Targets -- Gary Grosschadl
The high tech Nasdaq Index is looking particularily weak at the moment. Downside targets are in sight....
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So Far, So Good For Gold -- Kevin Hopson
As expected, gold prices found a bottom in spring and have proceeded to move higher. However, prices are coming up on key resistance now....
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