Wednesday, November 21, 2007

Based on EOD November 20, 2007.

  1. YI: -4.5
  2. Possible bottom here for: CAT
  3. Trying to bottom out in this area: AAUK, ACAS, ACH, ADP, AMP, BHP, CHC, CMI, CORS, CSL, the DJ-30, EWD, MER, PRAA,  and PTEN
  4. Extremely oversold: CFC, FBR, and RADN
  5. Standard oversold: BA, BAC, DVY, EJ, EXP, FCX, GM, HON, IWM, and JOSB
  6. Moderately oversold: AAUK, ASA, the DRG index, ELY, ENER, ERIE, GF, GFI, IIT, IRF, NTES, NVLS, and PHG
  7. Trying to hold some rising trend line support: BVN, CAKE, CL, ELN, EMC, ERF, GIS, MRVL, NYB, PCU, and PXD
  8. Trying to hold falling trend line support: AA, ACAS, AIG, BBBY, DVY, and LRW
  9. Attempting to hold the 28 DMA here: DNR, EEFT, and KMX
  10. Trying to break above some falling trend line resistance: ACH and DFG
  11. Up against rising trend line resistance: IDA
  12. Moderately overbought now: FTO
  13. Standard overbought: PEP
  14. Probable top for: ACF
  15. More later, anything here may be off base.

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