Saturday, October 23, 2004

Puts Stock Analysis

WM - falling, it also breaks the support of $38. There is a potential for it to fall lower. One thing I don't like is its near the bottom of the bollinger band. Cal - falling, but MACD hasn't shown much decrease in momentum. One thing I don't like is its near the bottom of the bollinger band. NTB - falling, but STC doesn't show decrease. Volume doesn't pick up for the decrease. One thing I don't like is its near the bottom of the bollinger band. SAFC - falling, it also breaks the support of $45. There is a potential for it to fall lower. One thing I don't like is its near the bottom of the bollinger band. MACD just turns, better put play than WM. EMMS - no MACD crossing, don't consider C - falling, MACD action 5 days old like WM. One thing I don't like is it's near the bottom of the bollinger band. FRX - falling, as good a put play as SAFC. However, it's phase 1 score is better than SAFC. But it's downtrending as opposed to SAFC which is trending sideways.

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