Wednesday, November 19, 2008

Equivolume Charts -- F, MSFT, INTC, CSCO, ORCL

these symbols had the largest volume on Wednesday (11/19/08) of the S&P 500 components, excluding financials and GE.

a little vid to remind us of the good ole days:

did you sell the irrational strength this morning, as I suggested was proper in the last post? didn't think so.

Intel -- one of the big winners today. only down 4.73%. seriously, on a relative strength basis these shares are starting to look a little better. click here for a chart of INTC relative to the Value Line Index.

looks like I went bearish on Cisco just in time.

Trend & Value would like to welcome Oracle to the big volume list. always nice to have a new one. gets pretty boring posting the same dogs all the time.

this should go to 12 or 13, but whether it happens on this current phase of the contraction or the next is unclear.