Thursday, September 20, 2007

Based on EOD September 19, 2007.

  1. YI: +2
  2. Trying to hold some rising trend line support: LSI, PXD, SU, and the VXO
  3. Trying to hold falling trend line support: BAA
  4. Trying to break above some falling trend line resistance: ACF, AMTD, BGF, BKX, BMY, CGI, CHK, ERS, EWP, EWU, FBR, GIS, GLW, IYR, JCP, JPM, LRW, MDC, MOT, NSM, NVLS, PDE, PNRA, SLE, SMH, SPC, SYY, TKR, X, and XLF
  5. Attempting to break above the 28 DMA: ALC, ARM, BLG, BMS, BPOP, CFC, CMC, ELY, EWJ, GNSS, PBY, PLL, QLGC, RDC, RHT, SKS, SNE, WHR, WIRE, and WPL
  6. Up against rising trend line resistance: BTK
  7. Moderately overbought: AA, AAPL, AAUK, AIG, AMD, AMN, AVP, BAC, BBBY, BKS, BKX, C, CAT, DVY, EWA, EWD, EWG, EWI, EWP, EWQ, GGB, HPQ, IIT, IWM, IYR, JCP, JOSB, KEY, LMT, LOW, MER, MTH, NAT, NG, NWL, NX, OGE, PEG, PMCS, PRAA, QCOM, ROK, SUN, SWC, TIE, VFC, WSO, and XLK
  8. Standard overbought: CLF, the DJ-30, EEM, EWC, JWN, NST, MTD, OEX, PCU, PLT, PTR, QQQQ, RGLD, the S&P-500, TCK, TOT, TSU, WB, WMB, XLE, and the XNG index.
  9. Extremely overbought: BG, BHP, FCX, MCRS, NOK, PDA, RIO, and the XAU index.
  10. Possible top here for: RMBS
  11. Toppy: ABX, BHI, CMI, COP, CSCO, ERIC, FTO, GE, IFN, LOW, NYB, OXY, WY, XOI, and XSLV
  12. Anything here may be off base.

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