Thursday, December 27, 2007

Based on EOD Dec. 26, 2007.

  1. YI: +2.5
  2. Trying to bottom out: XMSR
  3. Trying to hold some rising trend line support: BMY, EXP, and HON
  4. Trying to hold falling trend line support: TLB
  5. Trying to break above some falling trend line resistance: AAUK, AIG, AXP, BGF, CSL, EEM, ERIC, FTO, GOOG, GT, the IIX index, LEN, the OEX index, OKE, PCU, PDS, PEG, PTR, QCOM, RIO, ROK, SUN, and TSU
  6. Attempting to break above the 28 DMA here: ACH, ADP, AMAT, BHP, EEFT, KEY, KFT, NSM, NWL, PBY, SVU, SYY, TCK, and UGP
  7. Up against rising trend line resistance: IDA, MEOH, and NLY
  8. Moderately overbought now: The DJ-30, EBAY, FXC, IRF, PLT, and the S&P-500.
  9. Standard overbought: OXY
  10. Extremely overbought: SOLF
  11. Toppy here: AAPL, MPG, PHI, and STP
  12. A break out in either direction is on the way for: CPB and SMTC
  13. Anything here could be off base.

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