Friday, August 3, 2007

Here is the rest of the work based on the close of 8-1-07.

  1. Trying to bottom out: MU, NFI, and NVLS
  2. Extremely oversold: TOL, PXD, QLGC, RHT, and RMBS
  3. Standard oversold: REDF and the VXO
  4. Moderately oversold: KGC, MTD and PHI
  5. Trying to hold some rising trend line support: The IIX index, JCP, KEP, MCD, MDC, MER, NSM, PLL, PRAA, SMH, SNDK, SNE, TASR, and USA
  6. Trying to hold falling trend line support: INTU, KEY, RT, STX, and TSS
  7. Attempting to hold the 28 DMA: HPQ, IBM, and STX
  8. To a hold: PNRA
  9. Trying to break above some falling trend line resistance: JWN, MMC, and RYL
  10. Attempting to break above the 28 DMA: NST
  11. Moderately overbought: GYMB
  12. Anything here may be off base.

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