Tuesday, October 16, 2007

Based on EOD October 15, 2007.

  1. YI: +3
  2. Trying to bottom out: CAKE and VFC
  3. Standard oversold: JCP
  4. Moderately oversold: CREE, CSL, and SNE 
  5. Trying to hold rising trend line support: ACF, AXP, BBBY, CMC, CSTR, DELL, EBAY, EWA, FTO, IIX, IRF, IWM, MPG, NFI, NOK, NSC, PLL, PRAA, PTEN, QLGC, and the XCI index.
  6. Trying to hold falling trend line support: ARM, KEY, and THQI
  7. Attempting to hold the 28 DMA here: CAT, WY, and XLF
  8. Trying to break above some falling trend line resistance: AAPL, NLY, NVLS, PHI, and TOT
  9. Up against rising trend line resistance: RGLD and SU
  10. Moderately overbought now: AVP, NEM, and RDC
  11. Standard overbought: MOT
  12. Extremely overbought: CL, GM, and WNG
  13. Possible top here for: AAUK, ASA, and T2118
  14. Toppy: EWU and SHI
  15. Going parabolic: OXY
  16. Anything here may be off base.

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