Tuesday, July 31, 2007

Here is the rest of the work based on the close of 7/30/07.

  1. To a buy: PNRA
  2. Possible bottom forming in this area for: TYC and YHOO
  3. Trying to bottom out: FTO, GIS, IDU, IWM, JCP, LOW, MER, MMC, NST, NTES, the OEX index, OGE, PBY, PTEN, SIFY, SKS, SLE, SUN, SVU, TSM, and XLF
  4. Extremely oversold: ERS and TZOO
  5. Standard oversold: JOSB, LSI, OCR, and RGA
  6. Moderately oversold: EWQ, FDP, FXC, GLW, the IIX index, INTU, MOT, PDE, PTR, SFY, SMH, TKR, WPL, WTS, XMSR, and the XNG index.
  7. Trying to hold some rising trend line support: EWI, GGB, GT, IYR, NWL, RIG, QQQQ, RDC, the S&P-500, SYMC, TTH, WHR, and X
  8. Trying to hold falling trend line support: GNSS, IDA, MOT, NVLS, REDF, SGP, SWC, and XLP
  9. Attempting to hold the 28 DMA: GE, RIG, and WDC
  10. Trying to break above some falling trend line resistance: EXP
  11. Moderately overbought: SNE
  12. To no position: FXY and PCU
  13. Anything here may be off base.

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