Wednesday, August 15, 2007

S&O's based on the August 14, 2007 EOD numbers.

  1. YI: -4.5
  2. Trying to bottom out: ABX and CBK
  3. Moderately oversold: ALD
  4. Trying to hold some rising trend line support: AEM, CAKE, CAT, ERIC, GOOG, IIT, KEP, MCRS, NEM, NST, SNDK, USA, XLF, XMSR, and the XOI index.
  5. Trying to hold falling trend line support: AMD, BHP, KGC, SKS, STP, TIE, and TSM
  6. Trying to break above some falling trend line resistance here: CPB, ERS, SHI, SLE, and THQI
  7. Attempting to break above the 28 DMA at this point: LMT and PDE
  8. Moderately overbought now: ENR and STX
  9. A break out in either direction is on the way for: BVN and XLE
  10. Anything here may be off base.

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