Wednesday, January 17, 2007

Based on the 1-16-07 close.

YI: +5

Moderately oversold: NVLS
Trying to hold some rising trend line support: BA, MFE, SLE, and the VXO
Attempting to hold the 28 DMA here: C and TASR
Trying to break above some falling trend line resistance: AA, AMTD, BKS, COP, CUP, DO, ELY, GLW, MRK, PDE, PHG, PLL, RI, SLV, SNA, SWC, TIE, TKR, and WTS
Attempting to break above the 28 DMA here: AAUK, AU, CMI, CSTR, ECA, EWA, EWU, IFN, INTU, NSM, NX, OCR, TXU, and WOR
Now up against some rising trend line resistance: ARM, AVP, the DJ-30, SIFI, and STX
Moderately overbought: ALEX, AMTD, BBBY, CAKE, F, JOSB, LSI, QCOM, SMH, and YHOO
Standard overbought: The BTK index, CLF, GOOG, JWN, PG, SNE, TMO, TSM, TSS, XLK, and XMSR
Extremely overbought: QQQQ and the XCI index.
A possible top may be forming in this area for: KMX and MER
Toppy here: ACAS, BGF, MCD, the OEX index, PBY, SEE, and the S&&P-500.
A break out in either direction is on the way for: BAC
Anything posted here may be off base.

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