6 replies to this topic

[Trend-Signals]

Big caps moving higher. RIMM Breakout out , AMZN trading above resistance , GOOG traded higher with positive divergence.

XLF traded positive after showing positive divergence as we discussed it on 8/16...





http://www.stockchar...74599&r=676.png

http://www.stockchar...68080&r=379.png

http://www.stockchar...32402&r=873.png

http://www.stockchar...27255&r=224.png

Edited by Trend-Signals, 21 August 2007 - 03:50 PM.

[JAP]

I get GOOG, RIMM, but I don't understand what the fascination is about GRMN lately. Earnings? Positive guidance? Momentum buyers?... What is it?

[Trend-Signals]

I get GOOG, RIMM, but I don't understand what the fascination is about GRMN lately.

Earnings? Positive guidance? Momentum buyers?... What is it?

GRMN? I mentioned big caps moving major market.

Looking at GRMN,

It was a strong stock before the correction, and now it is bouncing up strong with the market.

Usually strong stocks before correction perform well when correction is over.

Edited by Trend-Signals, 21 August 2007 - 04:08 PM.

[SandStorm]

I get GOOG, RIMM, but I don't understand what the fascination is about GRMN lately.

Earnings? Positive guidance? Momentum buyers?... What is it?

Cramer? Didn't he mention it once before.

[Trend-Signals]

Markets traded in low volumes... It seems that "Time-out" from frenzy market.

Bulls are waiting for dust to clear.

Bears are waiting for another shoe to drop?

Meanwhile, markets are creeping up...

http://www.stockcharts.com/c-sc/sc?s=QQQQ&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=DIA&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=SMH&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=$XAX&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$MID&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=MDY&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$RUT&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=IWM&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$BKX&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=XLF&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$TRAN&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=XLE&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$TNX&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=$USD&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=GLD&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png
http://www.stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.pnghttp://www.stockcharts.com/c-sc/sc?s=USO&p=D&yr=0&mn=3&dy=19&i=p34681712810&a=113442137&r=301.png

[eminimee]

http://stockcharts.c...5820&r=2633.png

[Trend-Signals]

Do you want to fade the strong breakout?

There was neg divergence from Nov06 top RSI to Mar/Apr07 prior to Jul 07 Pop.

http://stockcharts.com/c-sc/sc?s=RIMM&p=D&yr=3&mn=1&dy=0&i=p66977978172&a=86685820&r=2633.png