Thursday, December 20, 2007

Based on EOD Dec.20, 2007.

  1. YI: -0.5, and T2118 indicates the correction may be stalling out in this area.
  2. Possible bottom here for: CSL and SNDK
  3. Trying to bottom out now: GF, LEN, MER, OKE, and SGP
  4. Standard oversold at this point: KMX, OCR, WOR, and XMSR
  5. Moderately oversold: GIS, NTES, and TTH
  6. Trying to hold some rising trend line support: FRO and PXD
  7. Trying to hold falling trend line support: AXP
  8. Attempting to hold the 28 DMA here: PEP and T
  9. Trying to break above some falling trend line resistance: AEM, ALD, AMD, CLF, EBAY, NAT, OXY, QLGC, ROK, and WSO
  10. Attempting to break above the 28 DMA here: AIG, BGF, FBR, FXC, MSCC, PLT, VFC, and WPL
  11. Moderately overbought now: CAKE, CSTR, LUFK, MKC, and PHG
  12. Standard overbought at this point: HON
  13. Anything here could be off base.

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