Sunday, July 29, 2007

To Buy or Not to Buy

After the end-of-week sell off we're all left with a tough decision as to whether or not we're going to buy into some dips, find strong performers, or start selling whatever we can. I'm including some charts of companies that have either fared well in the sell off, or have sold off so much they could present good buying opportunities.
CROX - Who'd-a thunk it?AA - looking for support from it's 200EMA.
However, on a longer time frame we could see a continued downside:
GS- Goldman Sachs couldn't get no lovin'. $189 looks like a good area of support.

GS on the weekly time frame:
AKS has fared well:

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