Thursday, August 2, 2007

Here is the rest of the work based on the close of 7-31-07.

  1. Trying to bottom out: PDE
  2. Extremely oversold: RGA
  3. Standard oversold: PDS, PTEN, SEE, STMP, and THQI
  4. Trying to hold some rising trend line support: MRK, MRVL, OKE, QQQQ, SMH, WHR, XLE, and XLP
  5. Trying to hold horizontal trendline support: NX
  6. Attempting to hold the 28 DMA: RDC
  7. Trying to break above some falling trend line resistance: MFE, NOK, OGE, PDA, PTR, RNR, SHI, SLE, SLV, SMTC, STP, SYY, and X
  8. Attempting to break above the 28 DMA: WMB
  9. Up against rising trend line resistance: RIO and TASR
  10. Anything here could be off base.

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