Thursday, January 25, 2007

Based on the close of 1-24-07.

 YI: +5

A possible bottom may be forming in this area for: GRZ
Moderately oversold: AAPL, AIG, BKS, GE, and XMSR
Trying to hold some rising trend line support: AMAT, BPOP,the BTK index, FBR, and PLT
Attempting to hold the 28 DMA here: AVP, MDT, and the dollar.
Trying to break above some falling trend line resistance: CAT, CDE,EWC, REDF, and USU
Attempting to break above the 28 DMA now: FXE, LSS, OXY, PTR,SU, and the XOI index.
Now up against some rising trend line resistance: EWJ and HMC
Moderately overbought: EOG, GLD, INTU, WMB, and the XOI index.
Standard overbought at this point: ENR
Extremely overbought: PHI
Toppy here: ALEX and WY
A break out in either direction is on the way for: WON
To no position for now: MER
Anything posted here could be off base.

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