Wednesday, January 10, 2007

Based on the 1/9/07 close.

YI: +3.5

Trying to bottom out: AA, CAT, CMI, GNSS, IFN, MSCC, NEM, and SIFY
Standard oversold: FDP and NFI
Moderately oversold: ABX, AMZN, CSTR, EWC, GFI, GLD, gold, IYM, MDC, OGE, and TKR
Trying to hold some rising trend line support: The DRG index, EWG, EWP, NLY, RGLD, SFY, and T2104
Trying to hold falling trend line support: EBAY
Attempting to hold the 28 DMA here: The E-Mini 500, ERIC, KO, MCRS, NVLS, the OEX index, PHI, and RADN
Trying to break above some falling trend line resistance: The BTK index, the dollar, PMCS, RDC, and SLE
Attempting to break above the 28 DMA here: SNDK
Now up against some rising trend line resistance: MER
Moderately overbought: JNPR
Standard overbought: EMC, HPQ, and JWN
Toppy here: HIT
Anything posted here could be off base.

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