Friday, January 12, 2007

Based on the 1/11/07 close.

YI: +5

Trying to bottom out: ASA, ERF, HMY, IRF, MOT, STMP, and SU
Standard oversold: OXY and PDE
Moderately oversold: AEM, DO, RGLD, and the XOI index.
Trying to hold some rising trend line support: EWI, FTO, IBM, PTR, and TASR
Trying to hold horizontal trend line support: CHC
Attempting to hold the 28 DMA here: C, EWD, HMC, IIT, and NTES
Trying to break above some falling trend line resistance: AA, AMTD, BKC, CY, DVY, GNSS, JNPR, LSI, and SMH
Attempting to break above the DMA here: MU and TXU
Now up against some rising trend line resistance: ACAS, BKC, FBR, and RI
Moderately overbought now: DELL, MRVL, WHR, and XMSR
Standard overbought: AMAT and MFE
Extremely overbought: AAPL
Toppy here: EMC
A break out in either direction is on the way for: BA
Anything posted here could be off base.

No comments: