Wednesday, October 24, 2007

Based on EOD October 23, 2007.

  1. YI: +2
  2. Possible bottom here for: BPOP
  3. Trying to bottom out: ARM, NBR, SMH, and WPL
  4. Extremely oversold: TLB
  5. Moderately oversold: CSCO, FTO, PTEN, and SEE
  6. Trying to hold rising trend line support: CMC, FXY, IDU, SGP, VXO, and WDC
  7. Trying to hold falling trend line support: BGF, NAT, and PAYX
  8. Attempting to hold the 28 DMA here: ENR, GM, INTU, MCRS, MPG, NG, OXY, PEG, T2118, XOI, and XSLV
  9. Trying to break above some falling trend line resistance: AAUK, ABX, AIG, AU, BAC, BLG, CMI, DRG, EEM, EWA, GLW, IWM, IYM, JNJ, MER, MFE, and SVU
  10. Attempting to break above the 28 DMA here: CAKE, MDC, and MTH
  11. Up against rising trend line resistance: BKC, BKX, ELY, KO, PDA, STX, and the XCI index.
  12. Moderately overbought now: CSTR and NLY
  13. Going parabolic: AAPL
  14. More later. Anything here may be off base.

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