intraday relative weakness watch

update monday 550pm - the power of relative weakness - stocks mentioned here that were weak this morning while the market showed a tiny bit of strength continued down even further as the indecies fell throughout the afternoon (just something to keep in mind)

just as i suspected, the markets are bouncing today (see here) despite continued asian meltdown. that being said, stocks that aren't moving up with the indecies may present lucrative shorting opportunities if the market decides to continue downward in the near future.

i will be updating this list throughout the day as i stumble upon relative weakness...

ACI - gapped down below the 50-day moving average and staying there so far (1121am)

TOL - sitting on 50- and 200-day moving average crossover support [see here for desciption and examples] - a break hear could yeild at least a buck or 2 down to trend line support (1139am)

SPG - and the rest of the reit sector (are, iyr, etc) - the first red flags of an amazing rally? (1144am)

LVS - looks horrible and has some room to fall before hitting support and the 200-day moving average (151pm est)

OVTI - sitting on critical uptrend support line - a break on decent volume would be nice (click image for larger view of chart) (201pm est)