Monday, December 31, 2007

Based on EOD Dec. 28, 2007.

  1. YI: +0.5
  2. Possible bottom here for: PDS
  3. Trying to bottom out in this area: ADP and the DRG index.
  4. Standard oversold: CBK
  5. Moderately oversold: GPC, IFN, and KFT
  6. Trying to hold some rising trend line support: CDE, CLF, the DJ-30, MFE, NST, SHI, SKS, SPC, STX, and WSO
  7. Trying to hold falling trend line support: AMAT, ERIE, GIS, MRVL, NAT, TICC, and VFC
  8. Attempting to hold the 28 DMA here: CSTR, IDU, SKS, and SPC
  9. Trying to break above some falling trend line resistance: EWU and FCX
  10. Attempting to break above the 28 DMA here: ERF
  11. Up against rising trend line resistance: NOK
  12. Moderately overbought now: FRO and T2118
  13. Anything here may be off base.

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