Wednesday, July 18, 2007

S&O's for the July 17, 2007 close.

  1. YI: +4 (The market is getting toppy again.)
  2. Possible bottom here for: RT
  3. Trying to bottom out now: SHI
  4. Moderately oversold: BHI, ERF, PDS, Q, SEE, and USU
  5. Trying to hold some rising trend line support: BKC, CORS, EOG, EWJ, FRO, GF, MTU, NFI, OGE, PXD, RDC, RGA, RGLD, SFY, SLV, and SUN
  6. Trying to hold falling trend line support: CFC
  7. Attempting to hold the 28 DMA here: ELN, PDE, PEG, TIE, and TXU
  8. Trying to break above some falling trend line resistance: APPB, LSI, PG, PTEN, and WY
  9. Trying to break above horizontal trend line resistance: MCD
  10. Moderately overbought now: ADP, NSC, TMO, and XMSR
  11. Possible top here for: The DJ-30, EWP, and GOOG
  12. Toppy at this point: ARM, BA, BVN, CMI, EWA, and KEP
  13. Probable top here for: CSL
  14. A break out in either direction is on the way for: OCR
  15. More later. Anything here may be off base.

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