Thursday, December 6, 2007

Based on EOD December 5, 2007.

  1. YI: -0.5
  2. Probable bottom here for: ARM
  3. Trying to bottom out now: ERF and WIRE
  4. Extremely oversold: RT
  5. Standard oversold: DELL and GE
  6. Moderately oversold: GG
  7. Trying to hold horizontal trend line support: FTO
  8. Trying to hold falling trend line support: KEY, PDS, SUN, TSS, and VFC
  9. Attempting to hold the 28 DMA here: CDE, FRO, and NOK
  10. Trying to break above some falling trend line resistance: AIG, CAT, CLF, CSTR, DVY, GF, IBM, the IIX index, IRF, LUFK, MMC, MSCC, NSM, PLT, QQQQ, TTH, WB, and XSLV
  11. Attempting to break above the 28 DMA here: AIG, ASA, JWN, OKE, SYY, and WOR
  12. Now up against rising trend line resistance: GLD, HON, and IDA
  13. Moderately overbought now: ALEX, CY, EJ, ELN, OGE, TASR, and XPLT
  14. Extremely overbought: PEG
  15. A break out in either direction is on the way for: BPOP, OXY, and WTS
  16. Anything here may be off base.

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