Monday, December 17, 2007

Based on EOD Dec. 14, 2007.

  1. YI: 0
  2. Trying to bottom out: MRVL and TCK
  3. Standard oversold: ACH, DELL, and PLT
  4. Moderately oversold now: AIG, ASA, BHP, the BKX index, CBK, EXP, GGB, GT, IWM, PNRA, QCOM, RIO, and WOR
  5. Trying to hold some rising trend line support: ADP, EEFT, EWI, IRF, LUFK, MCD, and MEOH
  6. Trying to hold falling trend line support: ABX, AEM, AMAT, EWP, FTO, PDS, and XSLV
  7. Attempting to hold the 28 DMA here: BPOP, CAT, COPS, CPB, FCX, GLD, GLW, GOOG, NSM, and TASR
  8. Trying to break above some falling trend line resistance: LMT, OGE, SMTC, and SOLF
  9. Toppy here: BKC, KO, and PEP
  10. More later. Anything here may be off base.

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