Market responds with enthusiam to almost zero percent rate....but not quite

The market responded with enthusiasm to the fed rate cut, but the volume is not still above the 50DMA.... Anyway here are the movers of today....

But today market the weakness of the USD against all the other currencies...

1. OMRI
2. EMAG
3. JYN
4. MBB
5. ITE
6. TLT
7. EPCT
8. CHV
9. MRGE
10. OFLX
11. W1DOW
12. SF
13. BPSG
14. DSCP
15. ORH
16. ACBA
17. UBSH
18. CNAF
19. ATLO
20. FLIC
21. PCBK
22. BSRR
23. SYBT
24. CSFL
25. NASB
26. LNCB
27. TMTA
28. SPNS
29. DCM

And now the details:

OMRI

EMAG

JYN

MBB

ITE

TLT

EPCT

CHV

MRGE

OFLX

W1DOW

SF

BPSG

DSCP

ORH

ACBA

UBSH

CNAF

ATLO

FLIC

PCBK

BSRR

SYBT

CSFL

NASB

LNCB

TMTA

SPNS

DCM

GOLD, GOLD, GOLD,........

Weekly Chart

Daily Chart

Be on the watchout for gold. It seems that the gold is forming a screw pattern. This is a very bullish pattern and seeing the duration and the nice formation it gives me a feeling that once it breaks out of the trendline it will shoot up. So keep an eye on the gold price.
The breakout price will lie between 620 and 630 euro.

Dec 15, 2008

Today only so few stocks showing up on scans point to a possible lack of buying interest. This shows that we are proceeding towards a total inactivity. What is happening ?
Hard to predict but it seems that the 50DMA has provided a solid turning point in the downward direction. A possible consolidation process, where every bad news seems not to
affect the market. This shows consolidation particularly since no shorts are showing up.
But this according to the contrarian is the indication that market will fall more....
So we are on the brink of another fall ...... So be on the watch out.

1. CSLR
2. ICFI
3. JYN
4. W1DOW
5. FHC

And now the details:

CSLR

ICFI

JYN

W1DOW

FHC

December 10, 2008

1. AVAV
2. EDV
3. TLO
4. THOR
5. OCN

And now the details:

AVAV

EDV

TLO

THOR

OCN