AXP:  This stock has moved well over the last 6 months or so.  It is trading consistantly near the 25 day MA and is following the Trendline it established from the July bottom.  Price has adjusted some creating a slightly lower trend line bottom reflecting momentum that has slowed some.  As long as the market continues higher this should continue to benefit. 

CAT:  This stock has consolidated very nicely in the last few weeks up at the higher levels of its recent stock price.  Volumes have been modest indicating no real sellling pressure.  Looks to move higher with just a little help from the overall market. 

CSCO: Stock is moving higher with market and 25 and 50 day MA has supported price .  Three trendlines drawn indicate likely support and resistance and middle price areas as this stock moves forward. 

HPQ:  Stock continues to move comfortably higher with little selling on the pullbacks.  Market  has consolidated some recently at these upper levels and this stock has refused to be sold off.  Strong hands still holding on.   Still holding above 25 and 50 day MA.

PG:  Stock is normally associated with trending qualities and not very volatile.  Price has broken under 25 and 50 day MA and should continue to drift lower at least to where the Trendlines converge in the 58 - 59 area. 

T:  Stock has fallen off its recent highs and violated its 25 day MA this past week.  Price is currently holding near its 50 day MA and not far from its 200.  Price looks as though it may fall into and consolidate some in between the two trendlines in the 26 - 27 dollar range.  Moved up nice in Nov. and Dec. but could not hold price when market began to move sideways.  Indication of willingness by holders to dispose of stock and not support price at higher levels.

VZ:  Stock has fallen recently and is holding at its 50 day MA.  Compare this telephone stock to the one beside it here, T.  As you can see VZ has fallen further from its recent highs than T has.  VZ also fell further from the high it hit in August than T did.  VZ topped first and fell further than T did during the rally from July.  T topped in Sept. while VZ was making lower highs during the same time frame.  Obviously T is stronger than VZ and this is one of the ways you can analyze strength in a sector.