Tuesday, December 28, 2010

Are These Stocks (Plus One ETF) Overbought and Poised to Fall?

Michael Bryant submits:

Here are 20 charts with some of the hottest names and their 14-Period MFI (Money Flow Index). General consensus says an MFI of 80 is overbought and an MFI of 20 is oversold. Technical analysis alone only works for short term price moves. Fundamental analysis is crucial for long term investments. Further, this only looks at one aspect of technical analysis which carries considerable risk. All graphs are from MSN Money. All PEG, P/S (price/sales), P/B (price/book), and PE ratios are from Yahoo Finance.

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Charisma Carpenter Hilarie Burton Kelly Carlson Sara Foster Natassia Malthe

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