Air Products & Chemicals Inc.’s (APD) MACD indicator has crossed over to bearish territory with a reading of -0.5662. The Zacks #4 Rank (“Sell") stock has slipped more than 3% to $60.70 in afternoon trade. The consensus estimate for the year ending September 2009 has moved down by 10 cents over the past 3 months to $3.96 per share. The most accurate estimate is even bearish at $3.92 per share."APD" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

At the end of a week of gloom and doom, stocks are finally on the rebound on Friday. Taking the cue, chemical shares too are on their way up after surviving a terrible Thursday when, according to AP, most of them took a nosedive following the announcement by four companies of force majeures -- a legal clause that excuses a party from liabilities for not being able to fulfill its obligations due to unforeseen developments -- thanks to the devastation wreaked by Hurricane Ike.

But they threw off their shackles on Friday. Dupont (DD), which fell 46 cents to $45.24 a day earlier, was up by 3.77% to $47.67. Keeping it company was Dow Chemical (DOW), the only one to have bucked the pullback on Thursday, with a surge of 4.16% to trade at $37.31.

But the stock to really watch out for is Olin Corp. (OLN)

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