Thursday, September 6, 2007

Based on EOD September 5, 2007.

  1. YI: -2.5
  2. Standard oversold: LRW
  3. Moderately oversold now: BA
  4. Trying to hold some rising trend line support: BMS, EWI, and TLB
  5. Trying to hold falling trend line support: CORS and SKS
  6. Trying to break above some falling trend line resistance: DRG, NAT, RIG, SBUX, and YHOO
  7. Attempting to break above the 28 DMA here: ALEX, GG, GLW, GM, NAT, SLV, WIRE, XNG, and XSLV
  8. Up against rising trend line resistance: GF and WMB
  9. Moderately overbought now: ASA, BTK, COP, CPB, EBAY, ERF, EWU, FCX, GLD, GOOG, IIX, KGC, LUFK, OXY, PAYX, PDE, QQQQ, RGLD, RMBS, ROK, SMH, SNE, SU, SUN, TSU, the XAU index, XLE, XLK, the XOI index, and XPLT
  10. Standard overbought: AMZN, CSCO, DO, FTO, GR, and IFN
  11. Extremely overbought: HPQ
  12. Possible top here for: CLF and STX
  13. Toppy at this point: NOK and RIO
  14. To no position for now: SNE
  15. More later. Anything here may be off base.

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