Tuesday, September 4, 2007

Based on EOD August 31, 2007

  1. YI: -2
  2. To a buy: CHK
  3. Possible bottom here for: CORS
  4. Trying to hold some rising trend line support: IRF, CL, and LMT
  5. Trying to hold falling trend line support: ENER and IRF
  6. To a hold: ARM
  7. Trying to break above some falling trend line resistance: ADP, CFC, CLF, CMC, EEFT, EXP, FCX, GE, GLD, HMC, IDU, IFN, JNJ, JOSB, KGC, KMX, MDC, MTH, NBR, and NST
  8. Attempting to break above the 28 DMA here: ALC, ERF, ERIC, EWD, FBR, GFI, GG, GNSS, HMC, JCP, KEP, KMX, MRVL, and NX
  9. Up against rising trend line resistance: MEOH
  10. Moderately overbought now: AMTD, BHP, COP, DELL, EEM, and MOT
  11. Standard overbought: AAPL and CSCO
  12. A break out in either direction is on the way for: HMY, GT, and JNJ
  13. More later. Anything here may be off base.

No comments: