Sunday, December 14, 2008

Weekly Analysis

No strong trend detected, movement is pretty much sideways:
USA Longterm Midterm Shorterm
S&P500 Down Down Neutral
DJI Down Down Neutral
Nasdaq Comp Down Down Neutral
Russell 2000 Down Down Neutral
AMEX Natural Gas Down Down Neutral (+)
AMEX Oil Down Down Neutral (+)
AMEX Security Broker Down Down Neutral
KBW Bank Down Down Down (-)
KBW Insurance Down Down Neutral
PHLX Housing Down Down Neutral
PHLX Shipping Down Down Neutral (+)
S&P Retail Down Down Neutral
AMEX Biotech Down Down Neutral
AMEX Airline Down Neutral Neutral

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