- YI: -2.5
- Standard oversold: LRW
- Moderately oversold now: BA
- Trying to hold some rising trend line support: BMS, EWI, and TLB
- Trying to hold falling trend line support: CORS and SKS
- Trying to break above some falling trend line resistance: DRG, NAT, RIG, SBUX, and YHOO
- Attempting to break above the 28 DMA here: ALEX, GG, GLW, GM, NAT, SLV, WIRE, XNG, and XSLV
- Up against rising trend line resistance: GF and WMB
- 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
- Standard overbought: AMZN, CSCO, DO, FTO, GR, and IFN
- Extremely overbought: HPQ
- Possible top here for: CLF and STX
- Toppy at this point: NOK and RIO
- To no position for now: SNE
- More later. Anything here may be off base.
Thursday, September 6, 2007
Based on EOD September 5, 2007.
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