Wednesday, December 31, 2008

T.A. update for the open, December 31, 2008.

Happy New Year everybody!

  1. Yi: +0.5
  2. Trying to bottom out in this area: AKNS, BPOP, CNK, CREE, EXP, MBI, SKS, WDC
  3. Moderately oversold: V
  4. Trying to hold the 28 DMA here: $HGX, ACH, CSCO, SYY
  5. Trying to break above the 28 DMA: JASO, KBE, MTH, SDTH
  6. Trying to break above the 65 DMA: $DJW, CTB, EWI, IBM, IWM, KO, MKC, OGE, PBY, PEP, PTEN, QCOM, SPWRA, TAN, TSL, WATG, WSO, X, XLU, XOP
  7. Moderately overbought now: $XAU, ASA, CEF, GF, LMT, NTES, TKR, WGW
  8. Standard overbought: EGO and OCR
  9. Toppy: AEM
  10. Anything posted here may be off base.

Tuesday, December 30, 2008

T.A. update for the open of Dec. 30, 2008.

  1. Yi: -0.5
  2. Trying to hold the 28 DMA here: CAKE, JNJ, LEN, NST, V
  3. Trying to break above the 28 DMA: AXP, CHK, ENER, MMC
  4. Trying to break above the 65 DMA here: FNM, FTO, GF, LMT, UGP, VFC
  5. Moderately overbought now: $GOLD, $GOLD Weekly, $PLAT, ABX, GDX, GLD, HMY, KGC, OCR
  6. Toppy here: RGLD and SUN
  7. Anything posted here may be off base.

Monday, December 29, 2008

T.A. update for the open, December 29, 2008.

  1. Yi: -0.5
  2. Possible bottom here for: $WTIC, LUFK, STX
  3. Trying to bottom out in this area are: $CRB, ACAS, AMD, AXP, BBT, BPOP, BPZ, CSL, LDK, MBI, MER, PAYX, SHLD
  4. Standard oversold now is: AAPL
  5. Moderately oversold now: CREE and EXP
  6. Trying to hold the 28 DMA here: $HGX, $SOX, AMAT, B, BA, DELL, IYY, JCP, LOW, LPL, MOT, PBW, PTR, SHI, TAN, TOT
  7. Trying to hold the 65 DMA: ERIC, EWJ, LEN, PTR, TOT
  8. Anything posted here may be off base.

Friday, December 26, 2008

T.A. update for the open, December 26, 2008.

Because of celebrating Christmas yesterday and into early this morning, the update for today is very late. Happy Holidays to everyone!

Yi: -1
Trying to bottom out in this area: ARM, AXP, BAC, BBT, CSL, DVY, EXP, IFN, KBE, LDK, LUFK, MBI, SHLD, STX, WY
Trying to hold the 28 DMA here: $DJW, $HGX, ACH, B, CSCO, DDM, EWJ, GLW, IDA, IWM, LPL, PLG, SHI, UGP, USD, WATG
Trying to hold the 65 DMA: ERIC and FXI
Trying to break above the 65 DMA here: PGM
Standard overbought: GTU
A break out in either direction is on the way for: FRO, KFT, MMC, PBCT
Anything posted here may be off base.

Wednesday, December 24, 2008

T.A. update for the open, December 24, 2008.

  1. Yi: -1.5
  2. Trying to bottom out in this area: BPZ, C, SKS
  3. Trying to hold the 28 DMA here: $SOX, $XOI, AA, CLF, CSCO, EWI, FCX, FRO, LOW, NAT, PTR, WHR
  4. Trying to hold the 65 DMA: TOT and TSM
  5. Trying to break above the 65 DMA: GF and GPC
  6. Toppy here: GTU and IRF
  7. Anything posted here may be off base.

Tuesday, December 23, 2008

T.A. update for the open, Dec. 23, 2008.

  1. Yi: -1
  2. Trying to bottom out in this area: $VXO,  BPOP, GIS, MSCC, SEED
  3. Trying to hold the 28 DMA here: $DJX, $OEX, $SPX, ACF, AMAT, CSL, DELL, GOOG, IBM, IYY, KO, MOT, MTH, PEP, PLL, QQQQ, SU, SYY, X
  4. Trying to hold the 65 DMA: CAKE, EWJ, PTR, USD
  5. A break out in either direction is on the way for: ERIE and PAYX
  6. Anything posted here may be off base.

Monday, December 22, 2008

T.A. update for the open, December 22, 2008.

  1. Yi: 0
  2. Trying to bottom out in this area: $VIX, $WTIC, MBI, UGA
  3. Trying to hold the 28 DMA here: GE, MEOH, PTEN, SU, URE, USD, WOR
  4. Trying to hold the 65 DMA: TSM
  5. Trying to break above the 28 DMA here: $GOLD Weekly, ARM
  6. Trying to break above the 65 DMA: CBK, EWJ, GF, WSO
  7. Moderately overbought now: COGO and OCR
  8. Toppy here: BMY, MFE, NAT, PNRA
  9. A break out in either direction is on the way for: DDM and PEG
  10. Anything posted here may be off base.

Friday, December 19, 2008

T.A. signals for the open of Dec. 19, 2008.

  1. Yi: -0.5
  2. Standard oversold now: NWL
  3. Moderately oversold: $USD, $VIX, $VXO
  4. Trying to break above the 28 DMA: BNI, CNK, LDK, LPL, PBY, TAN, TLB, TSL, WDC
  5. Trying to break above the 65 DMA: $HGX, $IIX, $PLAT, BGF, CAKE, CAT, CLF, IFN, IRF, MTH, PGM, SWK, WB, WFC
  6. Moderately overbought now: CEF, ERIC, FXF, LEN, LOW, MFE, NTES, ROK, SUN
  7. Toppy here: $GOLD and SHI
  8. Anything posted here may be off base.

Thursday, December 18, 2008

Midday update for 12/18/08.

ENER and FSLR are trying and so far failing to break above the 28 DMA here.

Wednesday, December 17, 2008

T.A. update for the open, December 18, 2008.

  1. Yi: +0.5
  2. Trying to bottom out in this area: AKNS, LUFK, STX
  3. Moderately oversold now: QID
  4. Trying to break above the 28 DMA here: $HGX, $IIX, BAC, C, DVY, GLW, KBE, KFT, UYG
  5. Trying to break above the 65 DMA: EEFT, ERIE, EWI, KO, LPL, NOK, OCR, OGE, PLL, QCOM, TKR, VFC, WATG, WY, X
  6. Moderately overbought now: $XOI, AEM, ASA, SLV, SLW, TOT, TSM, USD, WGW
  7. Standard overbought: $XAU, ABX, EGO, GDX, GFI, GG, GLD, GTU, KGC, NAT, NEM, PNRA, RGLD, SHI, SSRI
  8. Possible top here for: RGLD and SSRI
  9. Anything posted here may be off base.

T.A. update for the open, December 17, 2008.

  1. Yi: +1
  2. Trying to bottom out in this area: ARM, SDTH, SKS
  3. Trying to hold the 28 DMA here: ACF and SHLD
  4. Trying to hold the 65 DMA: B, COGO, EWI, WATG, XLU
  5. Trying to break above the 65 DMA: $GOLD weekly chart.
  6. A break out in either direction is on the way for: AAPL and TSL
  7. Anything posted here may be off base.

Tuesday, December 16, 2008

T.A. update for the open of Dec. 16, 2008.

  1. Yi: -0.5
  2. Probable bottom here for: ACAS
  3. Trying to bottom out in this area: BAC, KBE, LDK, UYG
  4. Moderately oversold now: PAYX and PEP
  5. Trying to hold the 28 DMA here: $OEX, $SPX, AAPL, IDA, JCP, MER, QQQQ, SUN, WATG
  6. Trying to hold the 65 DMA: B, COGO, CPSL, LOW, LPL, SLW, T
  7. Trying to break above the 28 DMA here: CREE, DELL, GF
  8. Trying to break above the 65 DMA: BPOP, FXF, PEG
  9. Moderately overbought now: BMY, EEFT, X
  10. A break out in either direction is on the way for: ROK
  11. Anything posted here may be off base.

Monday, December 15, 2008

T.A. update for the open of Dec. 15, 2008.

  1. Yi: 0
  2. Trying to bottom out in this area: AXP, C, CNK, GIS, KBE, MKC, MMC, PG, TLB, TSL, XLF
  3. Moderately oversold now: BBT, PAYX, PBCT, USB, WFC, WSO
  4. Trying to hold the 28 DMA here: CAKE, CBK, EXP, FNM, GE, GPC, LMT, MBI, MTH, NST, NWL, PLL, QQQQ, ROK, SWK, T, VFC, WB, WHR
  5. Trying to break above the 28 DMA now: $CRB, $WTIC, BPOP
  6. Moderately overbought now: $GOLD
  7. Anything posted here may be off base.

The "invisible hand" of the "free market".

Nothing can save us now, except economists!

Friday, December 12, 2008

T.A. update for the open of Dec. 12, 2008.

  1. Yi: -0.5
  2. Trying to bottom out in this area: JASO, LDK, PBY
  3. Moderately oversold now: PG
  4. Trying to hold the 28 DMA here: PHI
  5. Trying to hold the 65 DMA: $USD and LPL
  6. Trying to break above the 28 DMA here: BPZ, CHK, CSIQ, XOP
  7. Trying to break above the 65 DMA: AEM, EWJ, GTU, SLW, SSRI, UGP
  8. Moderately overbought now: $XAU, ABX, EGO, GDX, GG, GLD, KGC, NEM, TOT
  9. Toppy here: NAT and PTR
  10. A break out in either direction is on the way for: BGF and TAN
  11. Anything posted here may be off base.

Thursday, December 11, 2008

T.A. update for the open of Dec. 11, 2008.

  1. Yi: +0.5
  2. Extremely oversold: LUFK
  3. Moderately oversold: GIS
  4. Trying to hold the 28 DMA here: PLG and WSO
  5. Trying to break above the 28 DMA here: FCX, FXF, GLW, MEOH
  6. Trying to break above the 65 DMA: $XOI, ASA, LPL, NOK, NTES, SLV, SSRI, TSM, SWK
  7. Moderately overbought now: AVAV, NAT, WOR 
  8. A break out in either direction is on the way for: BPOP
  9. Anything posted here may be off base.

Wednesday, December 10, 2008

T.A. update for the open of Dec. 10, 2008.

  1. Yi: 0
  2. Possible bottom here for: $BDI
  3. Trying to hold the 28 DMA: BMY
  4. Trying to hold the 65 DMA: $VIX, $VXO, QLD
  5. Trying to break above the 28 DMA: $SOX, $XAU, AA, ARM, BA, BAC, BBT, CLF, CPSL, DDM, EEFT, EWI, EWJ, FRO, FTO, GF, IBM, IRF, IWM, NTES, PBW, PTEN, QQQQ, SDTH, SEED, SU, T, USD, WDC
  6. Trying to break above the 65 DMA: AAPL, ABX, CAT, ERIE, GG, GLW, PLL, PTR, TIE, TOT, WATG
  7. Moderately overbought now: $IIX, ACH, C, CAKE, DELL, EXP, GFI, GPC, HMY, MER, NOK, SHI, SHLD, TKR, X
  8. Toppy here: PNRA
  9. A break out in either direction is on the way for: AIG and GA
  10. Anything posted here may be off base. 

Tuesday, December 9, 2008

T.A. update for the open, December 9, 2008.

  1. Yi for EOD 12/5/08: -0.5
  2. Yi current reading: +1
  3. To a buy: $CRB, $PLAT, $WTIC, ACAS
  4. Trying to bottom out now: CREE and MEOH
  5. Moderately oversold now: GTU
  6. Trying to hold the 28 DMA here: $GOLD
  7. Trying to break above the 28 DMA: AMAT, AVP, AXB, C, CTB, DVY, EWA, GOOG, IFN, JNJ, KBE, KFT, LDK, MKC, MMC, QCOM, SHLD, STX, URE, UYG, WFR
  8. Trying to break above the 65 DMA: ACF, B, BGF, ERIC, GDX, JOSB, KO, LEN, NEM, ROK, USB, V, WSO
  9. Moderately overbought now: CSL, FXI, GE, LMT, LOW, MBI, MTH, NAT, NST, NWL, WHR
  10. Standard overbought: MCD
  11. Anything posted here may be off base.

Monday, December 8, 2008

The Financial Crisis and the lapse of Ethical Behavior.

Good one!

Who's on First?

Anyone else think this sounds like the old Abbott & Costello routine?

Friday, December 5, 2008

TA update for the open, December 5, 2008.

  1. Yi: -1.5
  2. Moderately oversold: $GOLD
  3. Trying to hold the 28 DMA: $XAU, GDX, GM, KGC, NEM, WGW
  4. Trying to hold the 65 DMA: ACF and ACH
  5. Trying to break above the 28 DMA: AAPL, ARM, CAKE, NAT, NTES, PNRA weekly, SHLD, USB, WB, WFC, WHR
  6. Trying to break above the 65 DMA: LEN, LOW, MBI, PBY, PHI
  7. Moderately overbought: $HGX, B, BMY, MTH, PNRA, SKS, VFC
  8. A break out in either direction is on the way for: AVP, DELL, KFT
  9. Anything posted here may be off base.

Thursday, December 4, 2008

Are you 100 years old and depressed?

What a "retarded" world we have become. Ya gotta laugh at this or cry.

T.A. update for the open, December 4, 2008.

  1. Yi: +0.5
  2. Probable bottom here for: $CRB, $WTIC, CHK
  3. Trying to bottom out in this area: CLF, CSIQ, FRO, GOOG, IRF, LUFK, PGM, PTEN, TSM
  4. Moderately oversold: OCR
  5. Trying to hold the 28 DMA here: ASA, GLD, PEG, XLU
  6. Trying to hold the 65 DMA here: SUN and WGW
  7. Trying to break above the 28 DMA: ELN, JASO, MMC
  8. Trying to break above the 65 DMA: WOR
  9. Anything posted here may be off base.

Wednesday, December 3, 2008

TA update for the open, December 3, 2008.

  1. Yi: -0.5
  2. Trying to bottom out in this area: $SOX, BPZ, CREE, EWI, GLW, MKC, STX
  3. Moderately oversold now: NAT
  4. Trying to hold the 28 DMA here: $GOLD, AEM, CAT, FNM, GPC, GTU, LOW, PAYX, PBCT, PLL, SSRI, UGP, WSO, WY
  5. Trying to hold the 65 DMA: IDA
  6. Trying to break above the 28 DMA: $VIX, CBK, CNK
  7. Anything posted here may be off base.

Tuesday, December 2, 2008

TA update for the open, December 2, 2008.

  1. Yi: -1.5 (Once again, the Yi zero line acted as an area of resistance for a market rally.)
  2. Trying to bottom out in this area: FXF
  3. Trying to hold the 28 DMA here: CEF
  4. Trying to hold the 65 DMA: FNM
  5. Trying to break above the 28 DMA here: B and NWL
  6. Anything posted here may be off base.

Monday, December 1, 2008

TA update for the open, December 1, 2008.

  1. Yi: +0.5
  2. Trying to bottom out in this area: ACAS
  3. Trying to hold the 28 DMA here: $VIX
  4. Trying to break above the 28 DMA: $GOLD Weekly, $HGX, $IIX, $SOX, $SPX, $XAU, $XOI, ARM, BPOP, CAKE, DELL, DVY, EWA, FCX, GE, GM, IRF, IWM, KBE, LDK, LUFK, MBI, MEOH, MOT, MTH, PBW, QCOM, QQQQ, SDTH, SKS, TIE, TKR, TPX, TSL, TSM, USB, USD, WHR, X
  5. Trying to break above the 65 DMA: ACH, AEM, AIG, EXP, LOW, PAYX, PEG, PHI, PNRA, PTR, ROK, XLU
  6. Moderately overbought: EGO, ERIC, FXI, GM, MFE, PBCT
  7. Anything posted here may be off base.

Friday, November 28, 2008

TA update for November 28, 2008.

  1. YI: 0
  2. Trying to break about the 28 DMA here: $OEX, $SPX, AA, AAPL, AXP, B, CLF, CSL, DDM, EWA, EWJ, FCX, FNM, GLW, GM, IBM, IWM, IYY, JASO, JCP, MMC, MTH, NOK, SPWRA, TSM
  3. Trying to break above the 65 DMA: $XAU, $XOI, EXP, GDX, GTU, LOW, MCD, NAT, PHI, ROK, UGP
  4. Moderately overbought now: AEM, GFI, GPC, PBCT
  5. Anything posted here may be off base.

Wednesday, November 26, 2008

TA update for November 26, 2008.

  1. Yi: -1.5
  2. Trying to break above the 28 DMA here: $DJX, $OEX, $PLAT, AA, AAPL, ACH, AXP, CLF, CSL, DDM, ERIC, ERIE, EWA, EWI, EWJ, FRO, GLW, IBM, IYY, JASO, LEN, LUFK, MFE, MKC, MMC, MSCC, NOK, PAYX, PBY, PEP, PHI, PLL, PTEN, SPWRA, SU, VFC
  3. Trying to break above the 65 DMA: $GOLD, ACF, EGO, GDX, GTU, NEM, SHI
  4. Moderately overbought now: GLD, GPC, PBCT, RGLD
  5. Anything posted here may be off base.

Tuesday, November 25, 2008

TA update for November 25, 2008.

  1. Yi: -2
  2. Possible bottom here for: AKNS, ARM, CPSL, CREE, LEN
  3. Trying to bottom out in this area: BPOP, BPZ, CNK, EEFT, NAT, UGA, SDTH
  4. Trying to hold the 28 DMA here: BMY and QID
  5. Trying to break above the 28 DMA here: CAT, EWJ, FXI, PGM, PLL, SHI, SPWRA, SU, TPX, VFC, WATG, WOR, WSO, WY
  6. Trying to break above the 65 DMA here: $XAU, ABX, ASA, CEF, GFI, GG, HMY, PLG
  7. Moderately overbought now: $GOLD, $XAU, AEM, ASA, GDX, GFI, GG, GLD, GTU, HMY, KGC, NEM, NST, SUN, TOT, WGW
  8. Standard overbought now: RGLD
  9. Anything posted here may be off base.

Monday, November 24, 2008

TA update for Nov. 24, 2007.

  1. Yi: -3.5
  2. Probable bottom here for: $SPX, $WTIC, AMAT, BPZ, CAKE, CBK, CLF, CREE, CSIQ, CSL,  CTB, ERIC, GOOG,  IWM, IYY, MEOH, MER, MOT, MTH, PBY, QQQQ, SDTH, SLW, STX, TIE, TKR, TPX, TSM, URE, UYG, VFC, WATG, WDC, WFR, WHR, X, XLF
  3. Possible bottom in this area for: $CRB, $DJX, $IIX, $OEX, $SOX, $SPX, AA, ACH, AVP, AXP, B, BA, BAC, BNI, CAT, COGO, EEFT, EWA, EWI, EWJ, EXP, DDM, GF, IFN, JASO, JCP, MFE, PAYX, PLL, PTEN, ROK, USB, WFR, WY
  4. Trying to bottom out: AAPL, EWJ, FCX, FTO, PBW, PTEN, SHI, TAN, USB, WOR, WY
  5. Extremely oversold: KBE and LUFK
  6. Moderately oversold: T
  7. Trying to break above the 28 DMA: BGF, IDA, MBI, PHI, PBCT, SUN, UGP, WGW
  8. Toppy here: $VIX
  9. Anything posted here may be off base.

Friday, November 21, 2008

TA update for November 21, 2008.

  1. Yi: -5
  2. Probable bottom here for: COGO
  3. Possible bottom here for: BA, MBI, NTES, WATG
  4. Trying to bottom out in this area: AEM, GG, NEM, PAYX, PBY, PNRA
  5. Extremely oversold: AMAT, CTB, IFN, MTH, PTEN, USB, UYG, WDC, WHR
  6. Standard oversold: EXP and PEP
  7. Moderately oversold: GIS, PG, PHI, T
  8. Trying to hold the 28 DMA here: BGF, EGO, IDA, PBCT, SUN, UGP, WGW
  9. Trying to break above the 28 DMA here: SHI
  10. Anything posted here may be off base.

Thursday, November 20, 2008

TA update for November 20, 2008.

  1. Yi: -5 (So here we are at -5 again, the depths of despair.)
  2. Trying to bottom out in this area: $WTIC, ASA, CEF, GLW, HMY
  3. Extremely oversold: (so what else is new these days) SHLD, SKS, TSL
  4. Trying to break above the 28 DMA here: GA and GLD
  5. Anything posted here may be off base.

Wednesday, November 19, 2008

TA update for November 19, 2008.

  1. Yi: -4
  2. Trying to bottom out in this area: $DJX, $HGX, $IIX, $OEX, $SPX, $XAU, AAPL, ABX, ACAS, AKNS, AVP, AXP, BAC, BNI, BPOP, BPZ, CAT, CBK, CPSL, CTB, DDM, EWA, EWI, EWJ, FNM, GDX, GE, HMY, IBM, IRF, IWM, IYY, KFT, LDK, LEN, LMT, MER, MFE, MKC, MMC, MOT, NEM, NOK, PAYX, PBY, PEP, QCOM, QQQQ, SDTH, SLV, SYY, TPX, TSM, URE, UYG, VFC, WFR, WHR, WY, X, XLF
  3. Trying to hold the 28 DMA here: KGC
  4. Possible top here for: IDA and NAT
  5. Toppy here: $VIX
  6. Anything posted here may be off base.

Tuesday, November 18, 2008

TA update for November 18, 2008.

  1. Yi: -4.5
  2. Trying to bottom out in this area: AKNS, BA, BPOP, GE, HMY, OCR, QQQQ, TLB
  3. Extremely oversold: WHR
  4. Moderately oversold: GTU
  5. Trying to hold the 28 DMA: GIS, GPC, PG, T
  6. Trying to break above the 28 DMA here: $GOLD, $PLAT, GLD
  7. Extremely overbought: PEG
  8. Standard overbought: $VIX
  9. Anything posted here may be off base.

Monday, November 17, 2008

TA update for November 17, 2008.

  1. Yi: -3.5
  2. Possible bottom in this area for: C and JASO
  3. Trying to bottom out: AAPL, DELL, GA, LDK, MBI
  4. Trying to break above the 28 DMA here: $DJX, $XAU, ABX, ASA, CNK, GDX, JNJ, LUFK, MEOH, PG, PLL, PTEN, ROK, TPX, WOR
  5. Trying to break above the 65 DMA: KGC, RGLD, SHI, T
  6. Moderately overbought now: ACH, IDA, NAT, PBCT, PHI, SUN
  7. Anything posted here may be off base.

Friday, November 14, 2008

Update for Nov. 14, 2008.

  1. Yi: -2
  2. Probable bottom here for: $CRB, GE, IRF
  3. Possible bottom here for: $DJX, $IIX, $WTIC, ACAS, ARM, B, BA, BAC, BPOP, BPZ, CAKE, CLF, CPSL, CSIQ, CSL, DELL, EEFT, FXF, GLW, GOOG, HMY, IBM, KFT, LDK, LEN, MER, NWL, SLV, SLW, STX, TAN, TKR, TSL, URE, USD, UYG, VFC, WDC, WFR, WHR, XLF
  4. Trying to bottom out in this area: $GOLD, $HGX, $OEX, $SOX, $SPX, $XAU, AA, AAPL, ABX, AKNS, ASA, AVP, CBK, CEF, COGO, DDM, EWA, FCX, FRO, GE, GLD, IYY, JASO, KBE, LMT, NEM, NTES, OCR, PBW, PBY, PNRA, PTEN, QCOM, QQQQ, SU, SYY, TIE, WATG
  5. Extremely oversold: C, SHLD, SPWRA
  6. Trying to hold the 28 DMA here: BMY, CHK, EGO, FTO, KGC
  7. Trying to break above the 28 DMA here: CAT, CREE, EWI, PAYX, PEP
  8. Possible top here for: $USD
  9. Anything posted here may be off base.

Wednesday, November 12, 2008

Update for November 13, 2008.

  1. Yi: -4
  2. Trying to bottom out in this area: ACAS, ERIC, GM, LOW, NST
  3. Extremely oversold: CTB and FXF
  4. Trying to hold the 28 DMA here: EXP
  5. Anything posted here may be off base.

Update for November 12, 2008.

  1. Yi: -2.5
  2. Possible bottom here for: SKS
  3. Trying to bottom out in this area: FXP, KBE, LEN, MTH, NWL, PEP, TLB
  4. Extremely oversold: ACAS and JASO
  5. Standard oversold: GOOG and MBI
  6. Trying to hold the 28 DMA here: EXP, GPC, TOT, UGP
  7. Trying to hold the 65 DMA here: RGLD
  8. Trying to break above the 28 DMA: $VXO, ACH, AIG, FXI, PTR
  9. A break out in either direction on the way for: $GOLD
  10. Anything posted here may be off base.

Tuesday, November 11, 2008

Update for November 11, 2008.

  1. Yi: -2.5
  2. Trying to bottom out in this area: IWM
  3. Extremely oversold now: GM and TLB
  4. Trying to hold the 28 DMA here: BA, V, WOR
  5. Trying to break above the 28 DMA: AA, AEM, B, IFN, MEOH, SHI
  6. Trying to break above the 65 DMA: IDA and WGW
  7. Moderately overbought now: UGP
  8. Anything posted here may be off base.

Sunday, November 9, 2008

Update for November 10, 2008.

  1. Yi: -2
  2. Possible bottom here for: $BDI and IRF
  3. Trying to bottom out in this area: $WTIC, AMAT, ARM, AXB, BAC, BPZ, C, CAKE, CBK, CLF, CSIQ, DDM, EEFT, ELN, FCX, GE, GLW, GOOG, HMY, IBM, LMT, MKC, MMC, MOT, MSCC, NOK, PEG, PLL, PTEN, QQQQ, ROK, SPWRA, STX, SYY, TAN, TKR, TSL, TSM, URE, USD, UYG, V, VFC, WHR, WOR, WSO, WY, XLF
  4. Standard oversold: JASO
  5. Moderately oversold: $DJX, $IIX, $SOX, $SPX, AA, ACAS, ACH, BA, BNI, CREE, DVY, GPC, IWM, KBE, KFT, MBI, MCD, MER, MTH, PAYX, PBCT, PEP, USB, WFC, WHR
  6. Trying to hold the 28 DMA here: AAPL, AKNS, CTB, LOW, MFE, NST, NTES, OGE, PBW, PG, PNRA, T, TIE, TOT, WATG, WB
  7. Trying to hold the 65 DMA: BMY
  8. Trying to break above the 28 DMA here: $PLAT, VIX, $VXO, CEF, PLG, QID
  9. Trying to break above the 65 DMA here: KGC
  10. Moderately overbought now: WGW
  11. Anything posted here may be off base.

Friday, November 7, 2008

Update for Nov. 7, 2008.

  1. Yi: -3
  2. Trying to bottom out in this area: BPZ
  3. Moderately oversold now: BPOP
  4. Trying to break above the 28 DMA here: CEF and WGW
  5. Anything posted here may be off base.

Thursday, November 6, 2008

Update for Nov. 6, 2008.

  1. Yi: -1.5
  2. Moderately oversold: OGE
  3. Attempting to hold the 28 DMA here: GA
  4. Attempting to hold the 65 DMA: $VXO and EGO
  5. Trying to break above the 28 DMA: $XAU, AA, ABX, ACH, AEM, ASA, CAT, DELL, EWA, EWI, GDX, GE, GF, GFI, GG, KGC, LDK, LEN, LUFK, MTH, NEM, NWL, PGM, PLL, PTR, RGLD, UGP, WFR
  6. Moderately overbought: BGF
  7. Anything posted here may be off base.

Wednesday, November 5, 2008

Update for Nov. 5, 2008.

  1. Yi: +0.5
  2. Trying to bottom out in this area: $BDI, FXF, GM
  3. Trying to break above the 28 DMA here: $IIX, $SOX, ACAS, AIG, CHK, CLF, CPSL, CSIQ, ERIE, IBM, JASO, KO, MTH, NOK, PBW, PEP, PTEN, SLV, SPWRA, SU, TSL, WGW, WSO
  4. Trying to break above the 65 DMA: AKNS, BA, CTB, IDA, LUFL, MBI, MFE, MMC, NAT, PNRA, TIE
  5. Moderately overbought now: LDK, PAYX, WDC
  6. Anything posted here may be off base.

Tuesday, November 4, 2008

Update for Nov. 4, 2008.

  1. Yi: -0.5
  2. Trying to bottom out in this area: $GOLD weekly chart, PPC
  3. Moderately oversold: QID
  4. Trying to break above the 28 DMA here: $SPX, AKNS, AMAT, B, BGF, CBK, CSL, DDM, DVY, EEFT, ERIC, EWJ, FTO, IBM, IFN, IWM, IYY, KBE, LDK, LUFK, MER, MSCC, PBY, PG, PNRA, QQQQ, ROK, SDTH, SEED, SHI, TSM, USD, WATG, WSO
  5. Trying to break above the 65 DMA here: COGO, GTU, LOW, NAT, NTES, PBCT
  6. Anything posted here may be off base.

Monday, November 3, 2008

Update for Nov. 3, 2008.

  1. Yi: -1, and starting to get near the zero line, where the stock market sometimes stalls out.
  2. Attempting to hold the 28 DMA here: $VIX, $VXO
  3. Trying to break above the 28 DMA: $DJX, $SPX, $XOI
  4. More later. Anything posted here may be off base.

Friday, October 31, 2008

Update for Oct. 31, 2008.

  1. Happy Halloween!
  2. Yi: -1.5
  3. Probable bottom here for: STX
  4. Trying to bottom out in this area: $PLAT
  5. Attempting to hold the 28 DMA here: QID
  6. Trying to break above the 28 DMA now: $XOI, EWJ, GM, MMC, PLG, PNRA, SDTH, SUN
  7. Trying to break above the 65 DMA: GTU and T
  8. More later. Anything posted here may be off base.

Thursday, October 30, 2008

Update for Oct.30, 2008.

  1. Yi: -2.5
  2. Probable bottom here for: CAKE
  3. Trying to bottom out in this area: ACF, ARM, EXP, NYSE Summation Index, STX, TSL, WHR
  4. Attempting to break above the 28 DMA: $DJX, AAPL, B, BA, BNI, BPOP, COGO, EGO, FNM, FXF, GA, GM, GOOG, KFT, LOW, MBI, NAT, NOK, NTES, OCR, PAYX, PBCT, PG, QCOM, QID, SUN, TIE, TLB, TOT, V, WB, WDC, WFC, XLU
  5. Trying to break above the 65 DMA: BPOP, GPC, MCD, T
  6. Moderately overbought: GIS, NST, OGE
  7. Anything here may be off base.

Wednesday, October 29, 2008

Update Oct. 29, 2008.

  1. Yi: -2.5 (So we had a significant rally off the Yi -5 secondary low as predicted, but I still am not convinced the bear market is completely over yet longer term.)
  2. Probable bottom here for: $HGX, AKNS, ARM, AXB, BPZ, CAT, CPSL, EEFT, EWI, GF, PGM
  3. Possible bottom here for: CTB
  4. Trying to bottom out in this area: AEM, AIG, CHK, COGO, CSIQ, ERIE, GA, GM, LEN, LUFK, MKC, NAT, OCR, PBW, PBY, PLG, SHI, TAN, TPX, WATG, WFR, WOR, X
  5. Extremely oversold: EXP
  6. Moderately oversold: The gold weekly chart.
  7. Attempting to break above the 28 DMA here: JNJ and PEG
  8. Attempting to break above the 65 DMA: BMY
  9. Anything posted here may be off base.

Tuesday, October 28, 2008

Update for Oct. 28, 2008.

  1. The "Yi" is -5 again, indicating a very oversold condition in the stock market, so it is no surprise it appears we will have a rally today, and for the more intermediate term time frame, we are due for a significant bear market rally. But remember folks, when it comes to the long term bear market, "it ain't over till it's over".
  2. To a buy signal: $CRB
  3. Probable bottom here for: $SOX
  4. Possible bottom here for: WHR
  5. Trying to bottom out in this area: AXB, BAC, BGF, CAKE, CSL, DVY, ELN, FCX, FNM, FTO, GE, GLW, GOOG, GPC, HMY, IYY, JASO, KBE, LOW, MMC, MSCC, MTH, NOK, NWL, PAYX, PEP, PG, PTEN, ROK, SDTH, SLV, T, TKR, TOT, TSL, TSM, UGP, URE, USD, UYG, V
  6. Extremely oversold: $IIX, CSIQ, EWJ, IBM, KO, TKR, UYG, WFR, WY
  7. Moderately oversold: PBCT
  8. Toppy here: $VXO and QID
  9. Probable top here for: $USD
  10. Anything posted here may be off base.

Monday, October 27, 2008

Update for Oct. 27, 2008.

  1. Yi: -4
  2. Probable bottom here for: AA, ASA, CBK, JASO
  3. Possible bottom here for: $WTIC, $XAU, ABX, AEM, AMAT, DELL, EEFT, EGO, GDX, GG, HMY, IRF, KGC, MOT, MSCC, NEM, NOK, NWL, PBY, PTEN, SHLD, TSL, WSO
  4. Trying to bottom out in this area: $GOLD, $HGX, BPZ, CAT, GTU, IFN, MBI, OCR, PLL, QCOM, QQQQ, SKS, SPWR, SU, TAN, TIE, TPX, TSM, UGP, URE, USD, UYG, V, WFR, WOR, XLF
  5. Extremely oversold: $SOX, ACAS, ACF, AVP, B, BGF, C, CNK, CREE, CTB, ELN, EWA, EWI, FCX, FRO, FXI, GE, GF, GFI, IBM, IWM, LDK, LEN, LMT, LOW, LUFK, MER, NTES, PBW, PNRA, ROK, TKR, VFC, WATG, WY, X
  6. Standard oversold: AXB, DVY
  7. Moderately oversold: MCD
  8. Toppy here: $USD
  9. Anything here may be off base.

Friday, October 24, 2008

It's the Economy Stupid!

Duhhh, click on the link above.

T.A. Update for Oct. 24, 2008.

  1. Yi: -3
  2. No use going through all the charts, as almost everything is extremely oversold, and going into "reverse parabolic arcs". In other words, lots of "blood" in the streets".

A fairly simple explanation of how we got into the "toxic mortgage" crisis.

Click on the above link for a fairly simple explanation of how we got into the current financial crisis.

Thursday, October 23, 2008

The ratings agencies let us down.

Click on the above link for more on this brewing scandal.

Lee Iacocca gives em' hell!

We need more brave leaders like Lee Iacoca right now! Click on the link above for more.

T.A. Update for Oct. 23, 2008.

  1. Yi: -3.5
  2. Probable bottom here for: MEOH and STX
  3. Trying to bottom out in this area: FXF
  4. Extremely oversold now: AEM, ASA, CEF, CSL, DELL, GLD, GLW, HMY, PLL, PTR, SHI, SPC, TSM, URE, USD, WHR
  5. Standard oversold: $GOLD and RGLD
  6. Extremely overbought: $USD
  7. Anything posted here may be off base.

Wednesday, October 22, 2008

T.A. Update for Oct. 22, 2008.

  1. Yi: -1.5
  2. Trying to hold the 28 DMA here: $VXO
  3. Trying to break above the 28 DMA: PEG and T
  4. Moderately overbought now: OGE and SDTH
  5. Anything posted here may be off base.

Tuesday, October 21, 2008

T.A. Update for Oct. 21, 2008.

  1. Yi: -0.5
  2. To buy: $PLAT
  3. Probable bottom here for: EGO
  4. Possible bottom here for: $GOLD, CEF, GLD, JASO, PLG, SLV, WGW
  5. Trying to bottom out in this area: ARM, AXB, BPOP, C, HMY, PPC
  6. Moderately oversold now: GTU
  7. Trying to break above the 28 DMA here: GA, GOOG, NOK, PBCT
  8. Anything posted here may be off base.

Monday, October 20, 2008

T.A. Update for Oct. 20, 2008.

  1. Yi: -2.5
  2. Possible bottom here for: ASA and B
  3. Trying to bottom out in this area: AEM, BMY, BPZ, CLF, CSIQ, CSL, EEFT, EGO, ELN, FXI, GDX, GF, GFI, GG, KGC, KO, LDK, MEOH, MTH, PBW, PBY, PGM, PNRA, SHLD, SUN, TPX, WSO
  4. Extremely oversold: $XAU
  5. Standard oversold: BPOP
  6. Moderately oversold: HMY, IDA, MMC, PHI
  7. Trying to break above the 28 DMA here: WFC
  8. Trying to break above the 65 DMA: MBI
  9. Anything posted here may be off base.

Friday, October 17, 2008

T.A. Update for Oct. 17, 2008.

  1. Yi: -2.5
  2. Probable bottom here for: $SOX and $XAU
  3. Possible bottom here for: $HGX, $IIX, AA, CSL
  4. Trying to bottom out in this area: $DJX, $SPX, $XOI, ACH, AKNS, AMAT, AVP, BA, BPZ, CAKE, CAT, CBK, FTO, ERIC, CLF, CPSL, CSIQ, CTB, DELL, EEFT, ERIC, ERIE, EWA, EWI, EWJ, EXP, FTO, GE, GLW, GOOG, GPC, IBM, IDA, IFN, IRF, IWM, IYY, JASO, KFT, LDK, LEN, MCD, MKC, NWL, OCR, PAYX, PEG, PEP, PHI, PLL, PTEN, QCOM, QQQQ, ROK, SEED, SHI, SKS, SLV, STX, SU, SYY, TAN, TIE, TKR, TLB, TOT, TSL, TSM, URF, USD, UYG, VFC, WDC, WFR, WHR, WOR, WY, X, XLF, XLU
  5. Extremely oversold: ABX, ARM, GDX, GFI, GG, KGC, MEOH, NEM, PBY, PGM, SHLD, TPX, WSO
  6. Standard oversold: BMY, GLD, OGE
  7. Moderately oversold: $GOLD, ACF, BGF, C, CEF, CREE, DVY, NST, PG, RGLD
  8. Trying to break above the 65 DMA here: GIS
  9. Toppy here: $USD and $VIX
  10. Anything posted here may be off base.

Thursday, October 16, 2008

T.A. Update for Oct. 16, 2008.

  1. Yi: -4 
  2. Extremely oversold: PEP and WY
  3. Moderately overbought: WB
  4. Anything posted here may be off base.

How this bear market compares to others so far.

It's worse than the beginning years of the "great depression" so far. Click on the link above for more. 

Wednesday, October 15, 2008

T.A. Update for Oct. 15, 2008.

  1. Yi: -2.5
  2. Possible bottom here for: PGM
  3. Trying to bottom out in this area: ABX
  4. Standard oversold: GG
  5. Trying to hold the 28 DMA here: CEF and QID
  6. Trying to break above the 28 DMA: COGO, CREE, FXI, GA, GLW, GTU, NAT, NTES, PLL, SHI, SPC, T, TSM, V, WFR
  7. Moderately overbought now: BGF, JNJ, MER
  8. Anything posted here may be off base.

Tuesday, October 14, 2008

T.A. Update for Oct. 14, 2008.

  1. Yi: -2.5
  2. Probable bottom here for: $CRB and $WTIC
  3. Possible bottom forming here: LMT, NEM, STX
  4. Trying to bottom out in this area: $XAU, ELN, PBY, SKS
  5. Extremely oversold: EGO
  6. Standard oversold: ABX, AEM, GDX, KGC, SLV
  7. Trying to hold the 28 DMA here: $GOLD and GLD
  8. Trying to break above the 65 DMA here: BPOP and WSO
  9. Moderately overbought: HMY
  10. Anything posted here may be off base.

The Nausea Express

They're Stealing from You and Me.

Monday, October 13, 2008

New Stock Market Terms

For the "new stock market terms", click on the above link. 

T.A. Update for Oct. 13, 2008.

  1. Yi: -4.5
  2. Probable bottom here for: $HGX, $IIX, $SOX, $SPX, $XOI, AA, ACAS, AMAT, ARM, BGF, BPZ, CAKE, CHK, CLF, CSIQ, DELL, ERIC, EWJ, EXP, FXI, GF, IYY, JASO, MEOH, PTEN, ROK, SLV, STX
  3. Possible bottom here for: $DJX, AKNS, BA, BAC, BNI, CSL, GM, GOOG, IDA, IFN, KBE, MER, SKS
  4. Trying to bottom out in this area: AIG, B, BMY, CNK, IWM, KO, LEN, MCD
  5. Extremely oversold: C, CAT, CBK, CTB, DVY, EEFT, EWA, EWI, FTO, IRF, JNJ, LOW, MBI, OGE, PEG
  6. Standard oversold: ACF, AVP, ERIE, GIS, GPC, KFT, LMT, LUFK, MKC, PEP
  7. Trying to break above the 65 DMA here: WSO
  8. Probable top here for the $VXO
  9. Anything posted here may be off base.

Friday, October 10, 2008

Banana Republic


No doubt about it, this is what we are becoming.

T.A. Update for Oct. 10, 2008.

  1. Yi: -5
  2. Possible bottom here for: CPSL, GLW, UGP, WHR
  3. Trying to bottom out in this area: ACF, GF, VNBC
  4. Extremely oversold here: IWM, MOT, PTR, ROK, TSM
  5. Attempting to break above the 28 DMA: GFI, GG, SLV
  6. Attempting to break above the 65 DMA: CEF
  7. Moderately overbought now: ABX and GTU
  8. Good luck to all today, and of course as is always the case, anything posted here could be way off base.

Bull gets Blue Balls!


Paulson to inject viagra immediately!

Thursday, October 9, 2008

T.A. Update for 10/9/2008.

  1. Yi: -5 (We are deeply oversold here, so some type of bounce is to be expected.)
  2. Probable bottom here for: $PLAT, $XOI, ACH, CLF
  3. Possible bottom here for: $CRB, $IIX, $SOX, $SPX, $WTIC, AAPL, AMAT, ARM, BGF, CAKE, CAT, COGO, CPSL, CREE, CSIQ, CTB, DELL, ERIC, EWI, EWJ, EXP, FTO, FXI, GA, GE, IWM, IYY, JASO, LDK, LEN, PBW, PBY, PEG, PTR, QQQQ, STX, T, UYG, WATG, WDC, WGW, X, XLU
  4. Trying to bottom out in this area: AXB, BNI, CSL, GPC, LOW, MCD, MFE, NWL, PEP, SYY, TOT
  5. Extremely oversold now: ACAS, DVY, ERIE, GM, GOOG, LUFK, MEOH, MER, VFC
  6. Standard oversold: $HGX, ACH, BAC, BMY, C, CNK, KBE, KO, LMT, MTH, PNRA, SHLD, WSO
  7. Moderately oversold now: GIS, MMC, NTES, PAYX, PG
  8. Attempting to hold the 65 DMA here: USB
  9. Moderately overbought: $GOLD, GLD, RGLD
  10. More later. Anything here could be off base.

Wednesday, October 8, 2008

"How to Ruin the US Economy"

That should do it.

"Edge of the Abyss"

Click on the link above for a good read on how and why we are in such a financial dusaster.

Blood in the Streets. T.A. update for 10/8/2008.

  1. Yi: -5
  2. Now in "waterfall declines" or "reverse parabolic arcs", which normally means some type of bottom is getting very close at hand: $CRB, $IIX, $SOX, $SPX, $XOI, AA, AAPL, AMAT, B, BGF, CLF, CSIQ, EWI, FXI, GF, GLW, GOOG, IWM, IYY, JASO, LDK, LUFK, MEOH, MOT, NWL, PBW, PEG, PLL, PTEN, PTR, QQQQ, ROK, SDTH, STX, SU, TAN, TIE, TOT, TSL, UGP, USD, V, WATG, WDC, WFR, X, XLU
  3. Possible bottom here for: $PLAT, FXF, NOK, SLV
  4. Trying to bottom out in this area: AEM, CTB, EEFT, EGO, IFN, KGC, SEED
  5. Extremely oversold now: $WTIC, ASA, COGO, ELN, GE, GFI, IBM, MTH, NEM, T
  6. Moderately oversold: ACF, ERIE, PEP, PHI, WY
  7. Trying to hold the 65 DMA here: PBCT
  8. Extremely overbought now: $USD
  9. Anything posted here may be off base.

Tuesday, October 7, 2008

Monday, October 6, 2008

T.A. Update for Oct. 7, 2008.

  1. Yi: -5 (Two days in a row at -5, indicates the market is extremely oversold now)
  2. Possible bottom here for: B, BNI, CBK, CDE, CLF, CPSL, PGM, SU
  3. Trying to bottom out in this area: $IIX, $SOX, $XAU, $XOI, AA, AAPL, AMAT, ASA, CAT, CSIQ, ERIC, FTO, NEM, PTEN, X
  4. Extremely oversold now: $DJX, AKNS, ARM, BA, BGF, BZP, EWA, EWI, EWJ, EXP, FTO, FXI, GLW, IFN, IYY, JASO, LDK, MEOH, MOT, NOK, QQQQ, SDTH, SEED, SKS, STX, SUN, TAN, TIE, TOT, TSL, UGP, USD, UYG, V, WDC, WOR
  5. Standard oversold: ABX, ACAS, AXB, CAKE, CREE, CSL, EEFT, EGO, GE, GG, GPC, IDA, JNJ, KGC, LEN, LOW, LUFK, MSCC, NAT, NTES, NWL, OGE, PAYX, PEG, PTR, ROK, SPWRA, TPX, TSM, VFC, WHR
  6. Moderately oversold: $HGX, AVP, C, CNK, DVY, MCD, MTH, NST, OCR, PEP, PLL, SHLD, SYY
  7. Attempting to hold the 28 DMA here: GIS and USB
  8. Attempting to hold the 65 DMA: BPOP, KFT, MBI, PG, WY
  9. Possible top here for the $VXO
  10. Going parabolic (which usually means a top is near): $VXO and QID
  11. And as is always the case, anything posted here may be off base.

Another good cluster you-know-what read.

T.A. update for Oct. 6, 2008.

  1. Yi: -5
  2. Trying to bottom out in this area: CLF, FXF, GFI, GG, GLW, IRF, KGC, NOK, PGM, PLL, QCOM, SLV
  3. Extremely oversold: $CRB, $XAU, AAPL, B, CDE, EGO, ERIC, GDX, MEOH, PPW, SU, TOT, WATG, WFR, X
  4. Standard oversold: AEM, ASA, BA, BNI, BZP, IBM, IWM, NEM
  5. Moderately oversold: LMT, MFE, PNRA, TLB, WSO
  6. Attempting to hold the 28 DMA here: $GOLD, CEF, GLD, RGLD
  7. Attempting to hold the 65 DMA: ACF, GTU, MMC, RGLD
  8. Moderately overbought: MER and USB
  9. Standard overbought: $USD
  10. Anything posted here may be off base.

Friday, October 3, 2008

How the S.E.C. changed the game in 2004.

So clearly the S.E.C. was one of the "enablers".

T.A. update for Oct. 3, 2008.

  1. Yi: -4.5
  2. Standard oversold: COGO
  3. Trying to hold the 65 DMA: SHLD
  4. Trying to break above the 28 DMA: CNK and NST
  5. Moderately overbought now: KFT, KO, PG
  6. Standard overbought: C
  7. A break out in either direction is on the way for: PBY
  8. Anything posted here may be off base.

Thursday, October 2, 2008

The "wingnuts" strike again.

More insane behavior, suspending mark-to-market accounting.

VIX extremes.

More B.S.

Andrew J. Bacevich tells it like it is.

Click on the above link to listen to or read some cold hard reality thinking about our current pathetic situation in this country.

Wow, what a bust!

T.A. update for Oct. 2, 2008.

  1. Yi: -3
  2. Possible bottom here for: T
  3. Trying to bottom out in this area are: $PLAT, EGO, NEM, PEG, PPC
  4. Extremely oversold now: $PLAT
  5. Moderately oversold: ACF, ASA, ERIE, FXF, GPC, LUFK
  6. Attempting to hold the 28 DMA here: SLV
  7. Attempting to hold the 65 DMA: GFI, GLD, SYY, WHR, WSO
  8. Attempting to break above the 28 DMA: PAYX and TKR
  9. Anything posted here may be off base.

This is another good read by Jim Kunstler.

Like Abraham Lincoln, Barack Obama will have his hands full of problems.

Wednesday, October 1, 2008

T.A. update for October 1, 2008.

  1. Yi: -3
  2. Possible bottom here for: GA
  3. Trying to bottom out in this area: B, BA, CBK, CDE, CLF, ELN, FXI, JASO, MOT, PBW, ROK, STX, SU, TIE, TOT, UGP, WATG, X
  4. Extremely oversold now: $IIX, $PLAT, $SOX, $VXO, $XOI, AA, ACH, AMAT, CAT, CSIQ, GF, GM, GOOG, NOK, PG, PTEN, QQQQ, SHI, SKS, SPC, TSL, USD, UYG
  5. Standard oversold: $CRB, $WTIC, AAPL, AKNS, BGF, CAKE, ERIE, EWA, EWI, FTO, IYY, NEM, PEG, T
  6. Moderately oversold: $XAU, BNI, CSL, IDA, IRF, IWM, MKC, NAT, NWL
  7. Attempting to hold the 28 DMA here: ACF, AEM, AVP, BPOP, CREE, GDX, GG, GIS, KFT, PEP, TPX
  8. Attempting to hold the 65 DMA here: KBE, MCD, NST, OCR, PAYX, PNRA, SYY, VFC
  9. Moderately overbought now: KBW
  10. And as is always the case, anything posted here may be off base.

Tuesday, September 30, 2008

T.A. update for Sept. 30, 2008.

  1. Yi: -4.5
  2. Extremely oversold now: CLF, CPSL, CSIQ, GA, MEOH, PPC, TAN, WDC, WFR
  3. Standard oversold: ARM, EXP, LDK, NTES, PBW, QCOM, SDTH, SUN, TIE, V, WOR
  4. Moderately oversold now: MFE, OGE, SPWR
  5. Attempting to hold the 28 DMA here: MTH
  6. Attempting to hold the 65 DMA: DVY, LOW, TLB
  7. Trying to break above the 28 DMA: $USD
  8. And as is always the case, anything posted here may be off base.

The Ponzi-Plus Plan

As he says, we must change our ways, nothing else will do. The "American Dream" as we knew it and once lusted after is over, at least in it's current form of massive waste and corruption.

Monday, September 29, 2008

The Enablers

T.A. update for Sept. 29, 2008.

  1. YI: -2.5
  2. Trying to bottom out: AIG and TKR
  3. Extremely oversold: CBK
  4. Standard oversold: B
  5. Moderately oversold: CAKE and QCOM
  6. Attempting to hold the 28 DMA here: $XAU and WSO
  7. Attempting to hold the 65 DMA: CSL
  8. Attempting to break above the 28 DMA: IBM and PHI
  9. Attempting to break above the 65 DMA: GFI
  10. A break out in either direction is on the way for: STX
  11. And as is always the case, anything posted here may be off base.

Friday, September 26, 2008

Corruption at Standard & Poor's.

Fed acted like a "liquidity drug dealer".

Lopsided paychecks.

It is time to bring CEO pay back to at least the 1980 multiple of the average worker's salary.

TA update for September 26, 2008.

  1. YI: -2.5
  2. Trying to bottom out in this area: AMAT, MEOH, PEG, PTEN, ROK, SHI, $SOX
  3. Extremely oversold: X
  4. Standard oversold: CAT
  5. Moderately oversold: ALEX, IWM, PAYX, PBCT, UYG
  6. Attempting to hold the 28 DMA: CDE, DVY, NEM, TLB
  7. Attempting to hold the 65 DMA: ARM
  8. Trying to break above the 28 DMA: EWI
  9. Anything posted here may be off base.

Good video with Bill Moyers and Kevin Phillips on Bad Money.

Thursday, September 25, 2008

TA update for September 25, 2008.

  1. YI: -3.5 (If the YI can put in a higher low here, some type of rally may be in the cards.)
  2. Trying to bottom out in this area: $IIX, $OEX, AAPL, BA, BMY, GA, PAYX, USD, WDC, WFR, XLU
  3. Extremely oversold: SKS
  4. Standard oversold: MEOH
  5. Moderately oversold: CNK. LDK, MKC, SUN
  6. Attempting to hold the 28 DMA here: $HGX, GIS, KBW, KFT, MMC, MTH, SHLD, WOR, XLF
  7. Attempting to hold the 65 DMA: EXP, GG, JNJ, MCD
  8. Trying to break above the 28 DMA here: BZP
  9. Moderately overbought now: FNM and SPWR
  10. Anything posted here may be off base.

Wednesday, September 24, 2008

TA update for September 24, 2008.

  1. YI: -3
  2. Moderately oversold now: $USD, KO, SYY
  3. Attempting to hold the 28 DMA here: MMC, PEP, WHR
  4. Attempting to hold the 65 DMA: AVP, GPC, IWM, MFE, NWL, PBCT, PG, VFC
  5. Trying to break above the 28 DMA: $CRB, $WTIC, GIS
  6. Trying to break above the 65 DMA: EGO
  7. Moderately overbought now: $XAU, ASA, CDE, GDX, NEM, PMPX
  8. Anything posted here may be off base.

Tuesday, September 23, 2008

Good one from Bill Fleckenstein

ABX is under the "yellow caution" flag here.


ABX is trying to break above the 65 DMA here, so I will try and wait for a better time to buy.

TA update part 2 for September 23, 2008

  1. Trying to bottom out in this area: PBY
  2. Standard oversold: SKS
  3. Attempting to hold the 28 DMA here: PBCT, SYY, VFC, WHR
  4. Attempting to hold the 65 DMA: PG
  5. Attempting to break above the 28 DMA here: SU, TOT, $XOI
  6. Attempting to break above the 65 DMA: NAT
  7. Moderately overbought at this level: SLV and WY
  8. Anything posted here may be off base.

TA update part 1 for September 23, 2008.

  1. YI: -2 (Well what can I say, the Yogi Index zero line acted as an area of resistance for the overall market once again.)
  2. Attempting to hold the 65 DMA here: IRF
  3. Attempting to break above the 65 DMA: ACH, CSIQ, EWJ, JASO
  4. Moderately overbought now: ACAS, AEM, BZP, C, CEF, GDX, GLD
  5. Toppy here: CSL
  6. Anything posted here may be off base.

Sunday, September 21, 2008

T.A. update for September 22, 2008.

  1.  YI: 0 (Often the area around the Yogi Index zero line acts as an area of support or resistance for the overall market, so it will be interesting to see what happens next. No guarantees of course.)
  2. Probable bottom in this area for: $PLAT
  3. Trying to bottom out in this area: PPC
  4. Attempting to hold the 28 DMA here: PG
  5. Attempting to break above the 28 DMA: $OEX, $SPX, BGF, CDE, EWA, EWI, FXI, GOOG, IBM, LDK, LUFK, SUN
  6. Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, CEF, CNK, LUFK
  7. Moderately overbought in this area: ACAS, AKNS, ALEX, CAKE, ERIE, IDA, IWM, KBE, KGC, LEN, TPX, WOR
  8. Standard overbought at this point: BPOP, CREE, DVY, KBW, KFT, NST, PBCT, PNRA, USB, WSO
  9. Toppy here: RGLD, SHLD, TLB
  10. And as is always the case, anything posted here may be off base.

Saturday, September 20, 2008

Mentally challenged behavior runs Wall Street these days..

This video will give you some idea of what we are up against these days folks.

Friday, September 19, 2008

Update for September 19, 2008.

  1. YI: -1.5
  2. Probable bottom in this area for: GF and SHI
  3. Possible bottom here for: EWI, GA, STX, T
  4. Trying to bottom out: ELN, IYY, PHI, PLL, V, WFR, X
  5. Extremely oversold now: AA, IFN, MOT, ROK, UGP
  6. Standard oversold: ERIC, MEOH, PEG, XLU
  7. Moderately oversold: OGE and PAYX
  8. Attempting to hold the 28 DMA here: $USD and VFC
  9. Attempting to hold the 65 DMA: GPC, MKC, OCR
  10. Attempting to break above the 28 DMA here: $XAU, ABX, ASA, GDX, KGC, NEM, SLV, WGW, WHR
  11. Attempting to break above the 65 DMA: AEM, GLD, EGO
  12. Moderately overbought now: CREE, GLD, GTU
  13. Standard overbought: RGLD
  14. Toppy here: GIS
  15. Anything posted here may be off base.

Thursday, September 18, 2008

Update for September 18, 2008.

  1. YI: -4
  2. Possible bottom here for: PLG and TIE
  3. Trying to bottom out in this area: ACAS, DELL, SU
  4. Extremely oversold now: $CRB, EWA, EWI, FXI
  5. Standard oversold: GE
  6. Moderately oversold: BMY and COGO
  7. Attempting to hold the 28 DMA here: BAC, BPOP, DVY, KFT
  8. Attempting to hold the 65 DMA here: $HGX, KBE, KBW, LOW
  9. Attempting to break above the 28 DMA: GG
  10. Anything posted here may be off base.

Wednesday, September 17, 2008

Update Part II for September 17, 2008.

  1. Possible bottom here for: PTEN and SHI
  2. Trying to bottom out: MBI, NAT, TIE
  3. Extremely oversold: WB
  4. Standard oversold: MOT, PBW, ROK, T, TOT, USD, UYG, V
  5. Moderately oversold: JNJ, MFE, OGE, PAYX, PLL, SKS
  6. Attempting to hold the 28 DMA: NWL and PG
  7. Attempting to hold the 65 DMA: LDK and LMT
  8. Moderately overbought: RGLD and USB
  9. Anything posted here may be off base.

Update for September 17, 2008.

  1. YI: -2
  2. Possible bottom here for: AMAT
  3. Trying to bottom out: CAKE, CREE, GE 
  4. Extremely oversold: $OEX, $SOX, $SPX, $VXO, $XOI, AA, AAPL, ACH, C, DELL, FXI, GLW, JASO
  5. Standard oversold: ACAS, BGF, IFN
  6. Moderately oversold: BAC, BNI, CNK, EEFT, IWM, IYY
  7. Attempting to hold the 28 DMA here: ACF
  8. Attempting to hold the 65 DMA: AVP, BPOP, EXP, GTU, IRF
  9. Attempting to break above the 28 DMA here: AEM and FXF
  10. Anything posted here may be off base.

Tuesday, September 16, 2008

Up the creek without a paddle...

 We are up the proverbial creek without a paddle, as incompetent American management teams flush us all down the tubes.

  1. YI: -3.5
  2. Possible bottom here for: PBY
  3. Extremely oversold: STX
  4. Moderately oversold now: PNRA
  5. Attempting to hold the 28 DMA here: ARM and CBK
  6. Attempting to hold the 65 DMA: KBW
  7. Attempting to break above the 28 DMA here: SPC
  8. Standard overbought: CSL
  9. Toppy here: PEP, PG, SHLD, SYY
  10. Anything posted here may be off base.

Monday, September 15, 2008

Update for September 15, 2008.

  1. YI: -1
  2. Probable bottom here for: $WTIC
  3. Possible bottom here for: $CRB, $PLAT, FXI, GF, GLW, SLV, USD, WATG
  4. Trying to bottom out in this area: BZP, DELL, GA, MOT, NTES, PLG, PTR, ROK, SDTH, WDC
  5. Extremely oversold now: FXF, SHI, USD, WFR
  6. Standard oversold: AMAT
  7. Attempting to hold the 28 DMA here: COGO, LOW, SEED, T
  8. Attempting to hold the 65 DMA: C and MFE
  9. Attempting to break above the 28 DMA: LDK
  10. Moderately overbought now: $VXO, GM, KFT, KO, WSO
  11. Standard overbought: SHLD and SYY
  12. Toppy here: SUN
  13. Anything posted here may be off base.

Friday, September 12, 2008

Update for September 12, 2008.

  1. YI: -1.5
  2. Possible bottom here for: $IIX, $SOX, AA, AAPL, AKNS, ASA
  3. Trying to bottom out in this area: AIG, AMAT, ELN, UGP, WATG
  4. Extremely oversold: MER, PGM, PLG, PMPX
  5. Moderately oversold now: B, BA, CREE, KBW, MOT, NTES, WB
  6. Attempting to hold the 28 DMA here: EEFT, JNJ, LOW, MBI, OGE
  7. Attempting to hold the 65 DMA here: PHI and XLF
  8. Attempting to break above the 28 DMA here: WOR
  9. Moderately overbought now: NST and SUN
  10. Standard overbought: PEP
  11. Toppy here: PG
  12. Anything posted here may be off base.

Thursday, September 11, 2008

Update for September 11, 2008.

  1. YI: -2.5
  2. Possible bottom here for: ELN
  3. Trying to bottom out in this area: $IIX, $SOX, $WTIC, $XAU, AA, ABX, ACH, AEM, CDE, EWA, GFI
  4. Extremely oversold: DELL and GFI
  5. Standard oversold: AAPL
  6. Attempting to hold the 28 DMA here: BPOP and ERIE
  7. Attempting to break above the 65 DMA: CAKE
  8. Moderately overbought: $VXO
  9. Toppy here: CBK
  10. Anything posted here may be off base.

Wednesday, September 10, 2008

Update

  1. Possible bottom here for: GFI
  2. Trying to bottom out in this area: CPSL, GA, GDX, GF, GG, PEG, QCOM, RGLD
  3. Extremely overold: AEM, AIG, AKNS, ASA, BZP, CLF, CSIQ, GA, GOOG, JASO, NEM, PBW, PTEN, PTR, SU, TAN, TKR, TOT, TSL, WATG, X
  4. Standard oversold: ELN, EWA, FXI, GTU, NAT, QQQQ, ROK
  5. Moderately oversold: LUFK, SGP, UGP
  6. Attempting to hold the 28 DMA: CSY
  7. Attempting to hold the 65 DMA: LDK, MOT, SPWR
  8. Attempting to break above the 28 DMA: KO
  9. Attempting to break above the 65 DMA: NTES
  10. Moderately overbought now: MCD, TPX
  11. Standard overbought: CBK, TLB
  12. Toppy: QID
  13. Anything posted here may be off base.

Update for September 10, 2008.

  1. YI: -3
  2. Probable top here for: $USD
  3. More later. Anything posted here may be off base.

Tuesday, September 9, 2008

Update for September 9, 2008.

  1. YI: -1.5
  2. Trying to bottom out here: $XOI, AAPL, ACH, CAT, GLW, NOK, SHI, TKR, TOT, WFR, XLU
  3. Extremely oversold: $CRB and $WTIC
  4. Standard oversold: $IIX and PEG
  5. Moderately oversold: QCOM
  6. Attempting to hold the 28 DMA here: LDK, NTES, TIE
  7. Attempting to hold the 65 DMA: PAYX
  8. Attempting to break above the 65 DMA here: $DJX, ACAS, HMC, WM
  9. Standard overbought at this point: PBCT
  10. Anything posted here may be off base.

Monday, September 8, 2008

Update for September 8, 2008.

  1. YI: -3
  2. Trying to bottom out in this area are: AKNS, ASA, BA, BZP, CSIQ, DELL, EWI, EWJ, FXI, GLD, IFN, JASO, NEM, PPW, PTEN, PTR, STX, SU, TSL, TSM, USD, WDC, WGW, WOR
  3. Extremely oversold now: $XAU, AA, ABX, ACH, GDX, GG, GLW, NOK, TOT, WFR
  4. Standard oversold: $XOI, AMAT, CLF, EWA
  5. Moderately oversold: $DJX, $IIX, $OEX, $SOX, $SPX, $VXO, BNI, CSY, GE, IYY, MSCC, PLL, QQQQ, ROK, TAN, TIE, UGP, V, WATG, WSO
  6. Attempting to hold the 28 DMA here: B, CREE, CSL, GPC, IWM, JNJ, KBW, OCR, T, WHR, WY
  7. Attempting to hold the 65 DMA: CPSL, MCD, SDTH
  8. Moderately overbought now: QID
  9. Anything posted here may be off base.

Friday, September 5, 2008

Update for September 5, 2008.

  1. YI: -3.5
  2. Possible bottom in this area for: $WTIC and WDC
  3. Trying to bottom out: $CRB, $PLAT, CEF, ELN, FXF, SLV
  4. Extremely oversold: WGW
  5. Standard oversold: BZP, CAT, DELL, PTEN, TSL, WOR
  6. Moderately oversold now: ALEX, CNK, IDA, QCOM, RGLD, TKR
  7. Attempting to hold the 28 DMA here: NTES, PHI, SPWR
  8. Moderately overbought now: PLG
  9. Standard overbought: NWL
  10. Toppy here: ACF, LOW, VFC
  11. Anything posted here may be off base.

Thursday, September 4, 2008

Update for September 4, 2008.

  1. YI: -2
  2. Trying to bottom out in this area: KO
  3. Extremely oversold now: CDE, GFI, SLV
  4. Oversold: $CRB, $WTIC, IBM, TOT, WDC, X
  5. Moderately oversold: AAPL, ELN, MEOH, SU, UGP
  6. Attempting to hold the 28 DMA here: ARM, MOT, SUN
  7. Attempting to hold the 65 DMA: LUFK and RGLD
  8. Attempting to break above the 28 DMA here: WM
  9. Attempting to break above the 65 DMA: CAKE (Corrected from yesterday.), MER, PLG, UYG
  10. Moderately overbought now: CSL, CSY, PBY, WHR
  11. Overbought: $HGX and EEFT
  12. Possible top here for: $USD
  13. Toppy here: CBK and WY
  14. Anything posted here may be off base.

Wednesday, September 3, 2008

Update for September 3, 2008.

  1. YI: -1.5
  2. Trying to bottom out: PPC, STX, VNBC
  3. Moderately oversold: KO
  4. Attempting to hold the 28 DMA here: GIS, KFT, WFR
  5. Attempting to hold the 65 DMA: B and CAKE
  6. Attempting to break above the 65 DMA here: BA, IFN, V, WM
  7. Moderately overbought now: $PLAT, BAC, BNI, BPOP, C, ERIE, EXP, LEN, SHLD, USB, XLF
  8. Toppy here: $HGX, MBI, MTH, TLB
  9. Anything posted here may be off base.

Tuesday, September 2, 2008

Update for September 2, 2008.

  1. YI: -1
  2. Trying to bottom out: GA
  3. Attempting to hold the 28 DMA here: AKNS, ALEX, CNK
  4. Attempting to hold the 65 DMA: IRF, IYY, PBY
  5. Attempting to break above the 28 DMA here: $VXO, AA, BAC, BGF, CAKE, GF, SHI
  6. Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, B, C, CLF, ERIE, LEN, PBW, T, TSL, UYG, WB, XLF
  7. Moderately overbought: $HGX, ACF, CBK, COF, CREE, CSY, DVY, EEFT, IWM, KBE, KBW, MER, NST, PBCT, SKS, TPX, WSO, WY
  8. Overbought: MBI
  9. Toppy here: LDK, MFE, OCR, VFC
  10. Anything here may be off base.

Friday, August 29, 2008

Update for August 29, 2008.

  1. YI: 0
  2. Possible bottom here for: UN and WM
  3. Trying to bottom out in this area are: CDE, EWJ, GE, GOOG
  4. Oversold: PPC
  5. Moderately oversold: BMY
  6. Attempting to hold the 65 DMA here: PBY
  7. Attempting to break above the 28 DMA: $WTIC, $XAU, ACH, EWA, FXI, GDX, GG, GTU, NEM, PLG
  8. Attempting to break above the 65 DMA here: BPOP, ERIC, PTR, SEED, SU, XLF
  9. Moderately overbought now: EXP, FTO, PEG, RGLD
  10. Toppy here: DELL
  11. Anything posted here may be off base.

Thursday, August 28, 2008

Update for August 28, 2008.

  1. YI: -1
  2. Possible bottom here for: MER
  3. Trying to bottom out in this area: CAKE, EWI, UN
  4. Attempting to hold the 28 DMA here: $IIX, CSL, GLW, KFT, KO, PEP, PHI, PNRA
  5. Attempting to break above the 28 DMA: $CRB
  6. Moderately overbought now: AEM, ERIC, PTEN, SUN, TLB, XLU
  7. Possible top here for: CNK
  8. More later. Anything posted here may be off base.

Wednesday, August 27, 2008

Update for August 27, 2008.

  1. YI: -2
  2. Possible bottom here for: AIG
  3. Trying to bottom out now: BGF, CMG, FTO, TOT, WB, WOR, X
  4. Moderately oversold: NAT, SGP, WATG
  5. Attempting to hold the 28 DMA here: $HGX, $SOX, $XOI, AMAT, IDA, MCD, NWL, PAYX, QCOM, ROK, SDTH, STX, UDS, WHR
  6. Moderately overbought: CPSL
  7. Toppy here: CNK and ELN
  8. Anything posted here may be off base.

Tuesday, August 26, 2008

Update for August 26, 2008.

  1. YI: -2.5
  2. Extremely oversold: SPC
  3. Oversold: TLB
  4. Moderately oversold: TKR and WB
  5. Trying to hold the 28 DMA here: B, COGO, IWM, QQQQ, SHLD
  6. Moderately overbought: BNI, CREE, EEFT, PBW, PPC
  7. Toppy here: GIS, MMC, NST, NTES, OCR
  8. Anything posted here may be off base.

Sunday, August 24, 2008

Update for August 25, 2008.

  1. YI: -1
  2. Trying to bottom out in this area are: AIG, C, EBAY, IFN, TLB
  3. Moderately oversold at this point: HMC and NAT
  4. Attempting to hold the 28 DMA here: CSY, GOOG, IWM, KO, SUN, TKR, WATG
  5. Attempting to break above the 28 DMA here: $CRB, $WTIC, AEM, AKNS, CLF, PEG
  6. Moderately overbought now: GCX, NEM, TSL
  7. Toppy here: LDK, OCR, OGE
  8. Anything posted here may be off base.

Friday, August 22, 2008

Update for August 22, 2008.

  1. YI: -2
  2. Trying to bottom out in this area: ACF, EWI, GA, GM, MER, SEED, T, UYG, WM, and XLF
  3. Extremely oversold now: FNM
  4. Oversold: EBAY
  5. Moderately oversold: CAT, CMG, GOOG, IBM, KBE, NAT, PLL, WSO
  6. Attempting to hold the 28 DMA here: CNK, IYY, MCD, MKC, MSCC, NWL, PBCT, SHLD, TPX, TSM, USD
  7. Attempting to break above the 28 DMA here: PTEN, RGLD, XLU
  8. Moderately overbought now: CLF, CSIQ, EXP, JASO, NST, SU, TAN
  9. Overbought: LDK, NTES
  10. Anything posted here may be off base.

Thursday, August 21, 2008

Update

  1. YI: -2.5
  2. Trying to bottom out: $PLAT, AIG, GF
  3. Extremely oversold: EWI
  4. Moderately oversold: BA, BAC, C, ERIC, GA, HMC
  5. Attempting to hold the 28 DMA here: $DJX, IIX, OEX, SOX, ACAS, ALEX, B, BPOP, CAKE, CBK, DVY, ERIE, GE
  6. Moderately overbought: BZP
  7. More later. Anything posted here may be off base. 

Wednesday, August 20, 2008

Update for August 20, 2008.

  1. YI: -3
  2. Trying to bottom out in this area: $CRB, $WTIC, XAU, XOI, GDX, GG, NOK, PEG, PTR, SHI, SLV, X
  3. Attempting to hold the 28 DMA here: $SPX, TKR, USB, WOR, WSO
  4. Overbought: SPWR
  5. Toppy here: LMT, MBI, NTES
  6. Anything posted here may be off base. 

Tuesday, August 19, 2008

Update for August 19, 2008.

  1. YI: -2
  2. Trying to bottom out: CDE, EWA, EWI, EWJ, TOT
  3. Extremely oversold: FXF, SLV
  4. Oversold: SHI
  5. Trying to hold the 28 DMA here: KBW, $SPX, SUN
  6. Moderately overbought: ALEX, B, COGO, EEFT, ELN, LDK, LOW, NST, PBY, SDTH
  7. Overbought: IRF, OGE
  8. Toppy here: $USD, ADP, ARM, CSL, CSY, KFT, MBI, PAYX
  9. A break out either way is on the way for: SGP
  10. Anything posted here may be off base.

Monday, August 18, 2008

Update for August 18, 2008.

  1. YI: -1
  2. Trying to bottom out: NYB
  3. Moderately oversold: TLB
  4. Trying to hold some rising trend line support: RGLD
  5. Trying to hold falling trend line support: GG and TOT
  6. Trying to break above some falling trend line resistance: CAT, GOOG, SVU, T, TSM, TTH, and V
  7. Attempting to break above the 28 DMA: GA
  8. Up against rising trend line resistance: IWM
  9. Moderately overbought: CSY, NAT, and PPW
  10. Overbought: PAYX and QQQQ
  11. Toppy: WATG
  12. Anything posted here may be off base.

Friday, August 15, 2008

Update based on the closing prices of 8/14/2008.

  1. YI: -1.5
  2. Possible bottom here for FNM
  3. Trying to bottom out in this area: GF
  4. Trying to hold some rising trend line support: The DJ-30, GE, GOOG, IYY, KFT, SUN, and WFC
  5. Trying to hold falling trend line support: EWJ, GF, SNE, and TTH
  6. Attempting to hold the 28 DMA here: BA, BMY, C, KBE, PBCT, UYG, WB, and XLF
  7. Trying to break above some falling trend line resistance: ALEX, MEOH, PCU, SDTH, and T2118
  8. Attempting to break above the 28 DMA here: AAUK, RGLD, and TAN
  9. Up against rising trend line resistance: AAPL
  10. Anything posted here may be off base.

Thursday, August 14, 2008

Update based on the closing prices of August 13, 2008.

  1. YI: -2
  2. Possible bottom here for: AA
  3. Trying to bottom out in this area: ACH, FXI, MER, and XPLT
  4. Trying to hold some rising trend line support: ADP, BPOP, DVY, EXP, MCD, and TLB
  5. Trying to hold falling trend line support: IFN and UGP
  6. Attempting to hold the 28 DMA here: BAC and IBM
  7. Trying to break above some falling trend line resistance: CPSL and CY
  8. Attempting to break above the 28 DMA here: CSIQ, NST, STX, and the VXO
  9. Moderately overbought now: HMC, IDA, and WATG
  10. Toppy here: MSCC, PEP, and PG
  11. Anything posted here may be off base.

Wednesday, August 13, 2008

Update based on the close of August 12, 2008.

  1. YI: -1.5
  2. Possible bottom here for: ASA
  3. Trying to bottom out in this area: ABX and QID
  4. Extremely oversold: BHP, GFI, GG, GLD, PCU, and XSLV
  5. Oversold: OKE
  6. Trying to hold some rising trend line support: LEN and MEOH
  7. Trying to hold falling trend line support: PTR
  8. Trying to break above some falling trend line resistance: AAPL, ACAS, BPOP, GOOG, HON, PBW, PEG, SPWR, TPX, TSL, and WFR
  9. Attempting to break above the 28 DMA here: GM, T, TTH, and V
  10. Moderately overbought now: BPOP, IYY, NWL, and T2118
  11. Overbought: IWM, SEE, and WHR
  12. Possible top here for: QQQQ
  13. Toppy at this point: JNJ
  14. Anything posted here may be off base.

Monday, August 11, 2008

Update based on the close of August 11, 2008.

  1. YI:  -0.5
  2. Trying to bottom out: BGF, FNM, and SEED
  3. Extremely oversold: AEM and TOT
  4. Oversold: AAUK, ASA, and TAN
  5. Moderately oversold: MEOH and NAT
  6. Trying to hold falling trend line support: ASA and PCU
  7. Attempting to hold the 28 DMA here: SPWR
  8. Trying to break above some falling trend line resistance: C, CBK, DVY, EWJ, GPC, IDA, NWL, PAYX, PHI, SVU, SYY, and XLF
  9. Attempting to break above the 28 DMA here: GOOG and SNE
  10. Moderately overbought now: AAPL, ALEX, AMAT, BA, BMY, the DJ-30, GE, GPC, the IIX index, JCP, TSM, and VFC
  11. Standard overbought: MCD, MTH, and PEP
  12. Extremely overbought: GIS
  13. Toppy here: ARM and SUN
  14. A break out in either direction is on the way for: CPSL and TSL
  15. Anything posted here may be off base.

Saturday, August 9, 2008

Update based on the August 8, 2008 EOD prices.

  1. YI: -1.5
  2. Possible bottom here for: T
  3. Oversold: PEG
  4. Moderately oversold: FXI and RGLD
  5. Trying to hold some rising trend line support: ACAS, CY, MEOH, and PDS
  6. Trying to hold falling trend line support: AA, AEM, BHP, and OKE
  7. Attempting to hold the 28 DMA here: PTR, TLB, and WY
  8. Up against rising trend line resistance: MCD
  9. Trying to break above some falling trend line resistance: ALEX, OGE, STX, and WSO
  10. Overbought: CNK
  11. Anything posted here may be off base.

Thursday, August 7, 2008

Update based on the close of August 7, 2008.

  1. YI: -3
  2. Oversold: GLD
  3. Moderately oversold: QID
  4. Trying to hold falling trend line support: AKNS, EWJ, PDS, and XSLV
  5. Attempting to hold the 28 DMA here: RGLD
  6. Trying to break above some falling trend line resistance: AAUK, CSIQ, GF, GOOG, PEP, TPX, TSL, TSM, and VFC
  7. Attempting to break above the 28 DMA here: JASO
  8. Moderately overbought now: MSCC, QQQQ, and the VXO
  9. Overbought: JNJ
  10. Possible top here for: GIS
  11. Anything posted here may be off base.

Update based on the close of August 6, 2008.

  1. YI: -1.5
  2. Possible bottom here for: ACH
  3. Trying to bottom out: The XAU index, AEM, ASA, B, BZP, EEFT, EWA, GDX, GFI, GG, GLD, PMPIX, SLV, SU, and TOT
  4. Extremely oversold: ABX
  5. Oversold: CRB index and WTIC
  6. Moderately oversold: CLF and MEOH
  7. Attempting to hold the 28 DMA here: SHI
  8. Trying to break above the 28 DMA here: AAPL, ALEX, BA, CAKE, EWI, and RGLD
  9. Moderately overbought now: DJX, OEX, SPX, ADP, AIG, BMY, C, CBK, CSL, DVY, ERIE, GPC, IFN, IWM, KBE, KBW, KO, LOW, MOT, NTES, NWL, PBCT, PG, PHI, ROK, SEE, SGP, USB, UYG, and WB
  10. Overbought: ARM, DELL, HIT, MCD, MMC, and OCR
  11. Extremely overbought: AVP
  12. Toppy: CNK and KFT
  13. Anything posted here may be off base.

Wednesday, August 6, 2008

Update based on the August 5, 2008 close.

  1. YI: -2
  2. Possible bottom here for: GOOG
  3. Trying to bottom out in this area: AA, AAPL, BGF, CAT, EWJ, SKS, T, TSM, WDC, and XLU
  4. Extremely oversold: ACH, BZP, and PCU
  5. Oversold: EWA and TOT
  6. Moderately oversold: CSTR, PBW, and X
  7. Attempting to hold the 28 DMA here: FTO, LUFK, MDC, and SPWR
  8. Attempting to break above the 28 DMA: AMAT
  9. Moderately overbought: PNRA and WY
  10. Anything posted here may be off base.

Tuesday, August 5, 2008

Update based on the August 4, 2008 close.

  1. YI: -4
  2. Trying to bottom out now: GM
  3. Oversold: ABX and GFI
  4. Trying to hold falling trend line support: AA
  5. Attempting to hold the 28 DMA here: BMY and GE
  6. Trying to break above some falling trend line resistance: IFN
  7. Moderately overbought now: SEE
  8. Anything posted here may be off base.

Monday, August 4, 2008

Update

YI: -3.5

Friday, August 1, 2008

Update based on the close of July 31, 2008.

  1. YI: -3
  2. Moderately oversold: BGF
  3. Trying to hold some rising trend line support: IDA, NWL, and the VXO
  4. Trying to break above some falling trend line resistance: AAPL, ADP, AIG, AMAT, BAC, LEN, PG, SEE, S&P-500, USB, WB, WFC, and XSLV
  5. Attempting to break above the 28 DMA here: AA, AKNS, and TAN
  6. Moderately overbought: KFT, OGE, and SUN
  7. Standard overbought: AVP
  8. Toppy: QCOM
  9. Anything posted here may be off base.

Thursday, July 31, 2008

Update

  1. YI: -2
  2. Possible bottom here for: AEM
  3. Trying to bottom out now: PDS
  4. Moderately oversold at this point: ABX, GLD, and HMC
  5. Trying to hold some rising trend line support: FRO and RGLD
  6. Trying to hold falling trend line support: ASA and GG
  7. Up against rising trend line resistance: WHR
  8. Trying to break above some falling trend line resistance: ACH, BPOP, CY, DVY, EBAY, FCX, IWM, KBE, PBCT, PTR, SPWR, and TKR
  9. Attempting to break above the 28 DMA here: BHP, CAT, the IIX index, and JASO
  10. Moderately overbought now: MEOH and TLB
  11. Standard overbought: LUFK
  12. Anything posted here may be off base.

Wednesday, July 30, 2008

Update for July 30, 2008.

  1. YI: -3.5
  2. Possible bottom here for: ACH and AMAT
  3. Trying to bottom out in this area: BA, GF, GM, MER, and PEG
  4. Standard oversold at this point: AAPL, TSL, and TSU
  5. Moderately oversold here: UGP
  6. Trying to hold some rising trend line support: EWJ and GLD
  7. Trying to hold falling trend line support: ADP, AIG, BMY, IFN, KO, SNE, SYY, T, TTH, and UGP
  8. Attempting to hold the 28 DMA here: C, GE, GPC, KBE, MTH, and PAYX
  9. Up against rising trend line resistance: NAT
  10. Trying to break above some falling trend line resistance: ARM, AVP, and JASO
  11. Trying to breakn above the 28 DMA here: QQQQ
  12. Anything posted here may be off base.

Tuesday, July 29, 2008

Update based on the close of July 28, 2008.

  1. YI: -5
  2. Trying to bottom out: OKE
  3. Moderately oversold: NST
  4. Trying to hold some rising trend line support: EXP and GIS
  5. Trying to hold falling trend line support: FNM
  6. Attempting to hold the 28 DMA here: DVY and PTR
  7. Trying to break above some falling trend line resistance: AA, AAUK, T2118, and the XOI index.
  8. Moderately overbought: BGF and NAT
  9. Standard overbought: QCOM
  10. Toppy here: MKC
  11. A break out either way is on the way for: V
  12. Anything posted here may be off base.

Monday, July 28, 2008

Update based on the close of July 25, 2008.

  1. YI: -3.5
  2. Trying to bottom out: AA, AEM, CSIQ, SVU, and TOT
  3. Extremely oversold: XPLT
  4. Standard oversold: PCU and PDS
  5. Moderately oversold now: ADP, ASA, and UGP
  6. Trying to hold some rising trend line support: BPOP, CBK, GE, NYB, V, and WB
  7. Trying to hold falling trend line support: AAUK, ALEX, AMAT, BHP, FCX, JASO, LEN, and WFR
  8. Attempting to hold the 28 DMA here: AIG, CY, MCD, MDC, and SPWR
  9. Trying to break above some falling trend line resistance: CNK, MSCC, PHI, and XPLT
  10. Attempting to break above the 28 DMA here: VXO
  11. Anything posted here may be off base.

Friday, July 25, 2008

Update based on the close of July 24, 2008.

  1. YI: -4
  2. Standard oversold: AEM and ERF
  3. Moderately oversold: GG
  4. Trying to hold falling trend line support: ERF and XSLV
  5. Attempting to hold the 28 DMA here: ABX, GFI, GLD, and QID
  6. Up against rising trend line resistance: JNJ
  7. Trying to break above some falling trend line resistance: NST, SNE, and TLB
  8. Attempting to break above the 28 DMA here: EWJ, EXP, and KO
  9. Moderately overbought: HMC, PEP, PG, PHI, SEE, SNA, and WFC
  10. Toppy: WSO
  11. Anything posted here may be off base.

Thursday, July 24, 2008

Update based on the close of July 23, 2008.

  1. YI for EOD July 22: -3, for EOD July 23: -2.5
  2. Trying to bottom out: STX
  3. Standard oversold: GOOG
  4. Moderately oversold: QCOM
  5. Trying to hold some rising trend line support: CSIQ, TSU, UGP, and XLU
  6. Trying to hold falling trend line support: BMY and MSCC
  7. Trying to break above some falling trend line resistance: AAPL, BMY, BPOP, GPC, HON, the IIX index, JCP, MER, MTH, NWL, PTR, and USB
  8. Attempting to break above the 28 DMA here: ACAS, EWI, IYY, MEOH, OGE, SNA, the S&P-500, and T
  9. Moderately overbought: ADP, ARM, CBK, CNK, CSL, DVY, GM, IFN, IWM, KBE, PBCT, PTR, TKR, UYG, VFC, the VXO, WB, and XLF
  10. Standard overbought: BAC
  11. Toppy: GIS and PAYX
  12. Anything posted here may be off base.

Tuesday, July 22, 2008

Update based on the close of July 21, 2008.

  1. YI: -4
  2. Trying to bottom out in this area: KO and PCU
  3. Standard oversold: SVU
  4. Moderately oversold: AAPL
  5. Trying to hold some rising trend line support: KFT
  6. Trying to hold falling trend line support: AA, AAPL, SVU, and TSL
  7. Trying to break above some falling trend line resistance: CSL, FCX, GF, IYY, OKE, PBCT, and PDS
  8. Attempting to break above the 28 DMA here: AIG, BA, CNK, FNM, LEN, MER, and SUN
  9. Moderately overbought now: MTH, NOK, PAYX, and TPX
  10. Anything posted here may be off base.

Monday, July 21, 2008

Update based on the July 18, 2008 close.

  1. YI: -4
  2. Trying to bottom out in this area: ERF
  3. Extremely oversold at this point: EBAY
  4. Moderately oversold: OKE and PEG
  5. Trying to hold some rising trend line support: XPLT
  6. Trying to hold falling trend line support: BHP, CSIQ, OGE, and QCOM
  7. Attempting to hold the 28 DMA here: AEM
  8. Trying to break above some falling trend line resistance: AIG, ARM, CAT, GM, KBE, NWL, V, and WB
  9. Attempting to break above the 28 DMA here: AVP, the DJ-30, DVY, GM, HON, IFN, IWM, NYB, UYG, WY, and XLF
  10. Moderately overbought now: BAC, C, CPB, WHR, and WSO
  11. Anything posted here may be off base.

Thursday, July 17, 2008

Update based on the July 17, 2008 close.

  1. YI: -4
  2. Trying to bottom out: SNA
  3. Extremely oversold: STX
  4. Standard oversold: TOT and the XOI index.
  5. Moderately oversold: XLU
  6. Trying to hold some rising trend line support: ABX, LUFK, TOT, and XSLV
  7. Trying to hold falling trend line support: FCX
  8. Attempting to hold the 28 DMA here: VXO
  9. Trying to break above some falling trend line resistance: ACH, ADP, BAC, CBK, EXP, FNM, GF, HMC, HON, the IIX index, IWM, MER, MSCC, NOK, TSU, and XLF
  10. Attempting to break above the 28 DMA here: BAC, C, GPC, KFT, MSCC, MTH, PBCT, PHI, PTR, SEE, SVU, TSL, UN, and USB
  11. Moderately overbought now: BMY, CY, IBM, MCD, MDC, NST, and SYY
  12. Toppy here: JNJ
  13. Anything posted here may be off base.

Wednesday, July 16, 2008

Update

  1. YI: -4.5
  2. Possible bottom here for: MER, SNE, S&P-500, T2118, and WY
  3. Trying to bottom out: ACH, GF, JCP, TKR, and V
  4. Extremely oversold: FNM and SUN
  5. Standard oversold: AAUK, TSM, and WFR
  6. Moderately oversold: TLB
  7. Trying to hold some rising trend line support: AEM, BHP, and MMC
  8. Trying to hold falling trend line support: AAPL, ERF, HON, PDS, and TTH
  9. Up against rising trend line resistance: BMY
  10. Trying to break above some falling trend line resistance: ACAS, DJ-30, PBCT, PEP, and UYG
  11. Attempting to break above the 28 DMA here: PG and TSU
  12. Moderately overbought: GFI
  13. Standard overbought: MKC
  14. Anything here may be off base.

Tuesday, July 15, 2008

Update

  1. YI: -5
  2. Possible bottom here for: MER
  3. Trying to bottom out: BA, DJ-30, and EXP
  4. Extremely oversold: JCP
  5. Moderately oversold: HMC
  6. Trying to hold rising trend line support: BMY
  7. Trying to hold falling trend line support: ADP, ALEX, BAC, C, CSL, DVY, EBAY, EWJ, GF, GOOG, GPC, and IYY
  8. Up against rising trend line resistance: AA and ASA
  9. Trying to break above some falling trend line resistance: CY
  10. Attempting to break above the 28 DMA: BGF and CSIQ
  11. Standard overbought: ABX, GIS, and GLD
  12. Toppy here: AEM and GG
  13. Anything posted here may be off base.

Friday, July 11, 2008

Update based on EOD July 10, 2008.

  1. YI: -4.5
  2. Extremely oversold: CAT
  3. Standard oversold: BHP and CSL
  4. Moderately oversold: AMAT
  5. Trying to hold some rising trend line support: BHP
  6. Trying to hold falling trend line support: AAUK
  7. Trying to break above some falling trend line resistance: AVP
  8. Attempting to break above the 28 DMA here: EBAY
  9. Moderately overbought now: CPB
  10. More later. Anything posted here may be off base.

Thursday, July 10, 2008

Update based on EOD July 9, 2008.

  1. YI: -5
  2. Standard oversold: UGP
  3. Moderately oversold: V
  4. Trying to hold some rising trend line support: DJ-30
  5. Up against rising trend line resistance: MKC
  6. Trying to break above some falling trend line resistance: BGF, BMY, DVY, GF, and QQQQ
  7. Attempting to break above the 287 DMA: AAPL, GE, IBM, PG, and QCOM
  8. Moderately overbought: BMY, CSH, and JNJ
  9. Anything posted here may be off base.

Wednesday, July 9, 2008

Update based on EOD July 8, 2008.

  1. YI: -4
  2. Trying to bottom out: EWI, LOW, WB, and the XOI index.
  3. Standard oversold: CREE, T2118, and XPLT
  4. Moderately oversold now: FRO
  5. Trying to hold some rising trend line support: GG
  6. Trying to hold falling trend line support: CSIQ and OGE
  7. Attempting to hold the 28 DMA: GFI
  8. Trying to break above some falling trend line resistance: JASO, KO, and PAYX
  9. Anything posted here may be off base.

Tuesday, July 8, 2008

Update based on EOD July 7, 2008.

  1. Yogi Index: -5
  2. Trying to bottom out: TSM and WY
  3. Moderately oversold: NAT
  4. Trying to hold some rising trend line support: ABX
  5. Trying to hold falling trend line support: ACAS, AEM, and GLD
  6. Trying to break above some falling trend line resistance: AKNS, ALEX, IBM, T, and TOT
  7. Trying to break above the 28 DMA here: PEP
  8. Anything posted here may be off base.

Monday, July 7, 2008

Update based on EOD July 3, 2008.

  1. YI: -5
  2. Trying to bottom out: AA, ALEX, and CY
  3. Extremely oversold: AKNS and the S&P-500.
  4. Standard oversold: EWJ, RIO, CSIQ, MDC, SPWR, TSU, and the VXO
  5. Moderately oversold: FCX, TOT, PCU, and the XOI index.
  6. Trying to hold some rising trend line support: FCX and LOW
  7. Trying to hold falling trend line support: PHI and WFR
  8. Attempting to hold the 28 DMA here: ASA
  9. Attempting to break above the 28 DMA here: JNJ
  10. Moderately overbought now: XSLV
  11. Anything posted here may be off base.

Thursday, July 3, 2008

Update based on EOD July 2, 2008.

  1. YI: -5
  2. Extremely oversold: KO
  3. Trying to hold some rising trend line support: AMAT and FRO
  4. Trying to break above some falling trend line resistance: IFN, JCP, JNJ, KFT, OKE, WB, and XLU
  5. Attempting to break above the 28 DMA here: ADP and SUN
  6. Moderately overbought:  PEG, RGLD, and VFC
  7. Toppy: GLD
  8. Anything posted here may be off base.

Wednesday, July 2, 2008

Update based on EOD July 1, 2008.

  1. YI: -4.5
  2. Probable bottom here for: AIG, BAC, BPOP, and NWL
  3. Possible bottom here for: ACAS, C, CBK, GE, IFN, and KBE
  4. Trying to bottom out here: AMAT, BA, FNM, IDA, IIX, KFT, and the SP-500.
  5. Extremely oversold now: MER, SEE, and WHR
  6. Standard oversold: ALEX, ARM, CAT, GPC, NYB, SNE, STX, and SYY
  7. Trying to hold some rising trend line support: IBM, LUFK, and MKC
  8. Trying to hold falling trend line support: AA, ACH, AKNS, CY, MDC, MTH, PAYX, PBY, PCU, and XLF
  9. Trying to break above some falling trend line resistance: AAPL, GOOG, NST, PEP, PG, the XOI index, and XSLV
  10. Attempting to break above the 28 DMA here: BMY and TOT
  11. Toppy here: ABX, AEM, and ASA
  12. Anything posted here may be off base.

Tuesday, July 1, 2008

Update based on EOD June 30, 2008.

  1. YI: -5
  2. Trying to bottom out: CSL and PTR
  3. Extremely oversold: DJ-30, GE, and LEN
  4. Standard oversold: UN
  5. Moderately oversold: ASA, CY, OGE, and SPWR
  6. Trying to hold some rising trend line support: WSO
  7. Trying to hold falling trend line support: JNJ, KFT, PEP, USB, WB, and WFR
  8. Attempting to hold the 28 DMA here: CSIQ
  9. Trying to break above some falling trend line resistance: BGF, BHP, EWJ, MEOH, and TTH
  10. Moderately overbought now: GFI
  11. Toppy here: GG
  12. Anything posted here may be off base.

Monday, June 30, 2008

Update based on EOD June 27, 2008

  1. YI: -5
  2. Trying to bottom out in this area: ACH, AKNS, ARM, EWJ, FNM, IWM, and QQQQ
  3. Extremely oversold now: EWI, EXP, HON, and IFN
  4. Standard oversold: AA, CBK, the IIX index, IYY, JASO, PBY, and the VXO
  5. Moderately oversold now: BGF, MEOH, MKC, PEG, and TSU
  6. Trying to hold some rising trend line support: AA, AAPL, CAT, CSIQ, GOOG, HMC, IYY, JCP, MSCC, NYB, PEG, QCOM, SYY, T2118, and TKR
  7. Trying to hold falling trend line support: BA, the DJ-30, EBAY, LEN, and TSM
  8. Attempting to hold the 28 DMA here: HMC and PCU
  9. Trying to break above some falling trend line resistance: ABX
  10. Attempting to break above the 28 DMA here: GFI and XPLT
  11. Moderately overbought now: ABX, AEM, and GLD
  12. Standard overbought: GG
  13. Anything posted here may be off base. 

Friday, June 27, 2008

Update based on EOD June 26, 2008.

  1. YI: -4.5 (So we are getting oversold in the stock market)
  2. Standard oversold: BA
  3. Moderately oversold: GIS
  4. Trying to hold some rising trend line support: JASO and PTR
  5. Trying to hold falling trend line support: IDA, PBY, STX, and the XOI index.
  6. Trying to break above some falling trend line resistance: FCX
  7. Anything posted here may be off base.

Thursday, June 26, 2008

Update based on EOD June 25, 2008.

  1. YI: -2
  2. Possible bottom here for: SEE
  3. Trying to bottom out in this area: The DJ-30, IFN, SNA, and SNE
  4. Moderately oversold at this point: ARM, CSL, IDA, IWM, NYB, QCOM, TKR, and XPLT
  5. Trying to hold some rising trend line support here: AKNS, FCX, NAT, the VXO, and XSLV
  6. Trying to hold falling trend line support: ALEX, CAT, and T2118
  7. Attempting to hold the 28 DMA here: MEOH and PBY
  8. Trying to break above some falling trend line resistance: ASA, C, JCP, JNJ, KBE, KO, LEN, NOK, PAYX, the S&P-500, SVU, SYY, UN, USB, V, VFC, WFR, and WY
  9. Attempting to break above the 28 DMA here: WSO
  10. Anything posted here may be off base.

Wednesday, June 25, 2008

Update based on EOD June 24, 2008.

  1. YI: -2.5
  2. Possible bottom here for: MOT
  3. Trying to bottom out now: EBAY, GE, GM, GPC, LEN, MER, and STX
  4. Extremely oversold: ACAS, AIG, C, and DVY
  5. Standard oversold: AVP, FNM, PEP, PG, TTH, and XLF
  6. Moderately oversold: AAPL, ADP, JASO, MCD, and MDC
  7. Trying to hold some rising trend line support: AA, MKC, MSCC, QQQQ, and V
  8. Trying to hold falling trend line support: ADP, BPOP, the IIX index, and IYY
  9. Attempting to hold the 28 DMA here: NST
  10. Trying to break above some falling trend line resistance: WB
  11. Moderately overbought now: GG
  12. Toppy here: FRO and LUFK
  13. Anything posted here may be off base.

Tuesday, June 24, 2008

Update based on EOD June 23, 2008.

  1. YI: -2
  2. Trying to bottom out: JNJ
  3. Extremely oversold: ACH
  4. Standard oversold: DJ-30, KFT, S&P-500, T, and WY
  5. Moderately oversold: AA, GOOG, SNE, and TSM
  6. Trying to hold some rising trend line support: SYY, UGP, and XPLT
  7. Trying to hold falling trend line support: ASA, C, EWI, EWJ, GF, IBM, IFN, MER, and PEP
  8. Attempting to hold the 28 DMA: FCX
  9. Anything posted here may be off base.

Monday, June 23, 2008

Update based on EOD June 20, 2008.

  1. YI: -2
  2. Trying to hold some rising trend line support: XLU
  3. Trying to hold falling trend line support: ACH, NOK, TSM, and XLF
  4. Attempting to hold the 28 DMA here: HMC
  5. Trying to break above some falling trend line resistance: PCU, WHR, and WSO
  6. Attempting to break above the 28 DMA here: MTH and SPWR
  7. Moderately overbought: GLD
  8. Anything posted here may be off base.

Friday, June 20, 2008

Update based on EOD June 19, 2008.

  1. YI: -0.5
  2. Trying to bottom out: ACAS, DVY, KBE, NWL, and PEP
  3. Extremely oversold again: MOT
  4. Standard oversold: JCP, KO, and SEE
  5. Moderately oversold: CAT, IYY, JNJ, PG, and SNA
  6. Trying to hold some rising trend line support: EWI, HMC, MCD, QQQQ, and SNE
  7. Trying to hold falling trend line support: DJ-30 and PG
  8. Attempting to hold the 28 DMA here: IDA
  9. Up against rising trend line resistance: AAUK and LUFK
  10. Trying to break above some falling trend line resistance: ABX and MSCC
  11. Attempting to break above the 28 DMA here: BHP and JASO
  12. Standard overbought: CSIQ
  13. Anything posted here may be off base.

Thursday, June 19, 2008

Update based on EOD June 18, 2008.

  1. YI: -1
  2. Moderately oversold now: RGLD
  3. Trying to hold some rising trend line support: ADP, BA, CAT, CSL, HON, KFT, and the S&P-500.
  4. Trying to hold falling trend line support: ALEX, BAC, CBK, JNJ, TOT, and WHR
  5. Trying to break above some falling trend line resistance: AAPL, ASA, and GG
  6. Attempting to break above the 28 DMA here: ERF
  7. Moderately overbought now: NAT and V
  8. Anything posted here may be off base.

Wednesday, June 18, 2008

Update based on EOD June 17, 2008.

  1. YI: -0.5
  2. Moderately oversold: PEP
  3. Trying to hold some rising trend line support: PG and WY
  4. Trying to hold falling trend line support: AIG
  5. Trying to break above some falling trend line resistance: ACH, ASA, BHP, EBAY, FNM, GF, GM, NYB, PTR, the S&P-500, TSU, and VFC
  6. Attempting to break above the 28 DMA here: ABX, C, MDC, QQQQ, STX, and TKR
  7. Moderately overbought now: AAUK and MSCC
  8. Standard overbought: MEOH
  9. Extremely overbought: FRO
  10. Toppy here: ARM and FCX
  11. Anything posted here may be off base.

Tuesday, June 17, 2008

Update beased on EOD June 16, 2008.

  1. YI: +0.5
  2. Trying to bottom out in this area: PTR
  3. Extremely oversold now: BPOP and NWL
  4. Attempting to hold the 28 DMA here: BGF
  5. Trying to break above some falling trend line resistance: CY, the DJ-30, IBM, IDA, IYY, LEN, PAYX, PDS, the S&P-500, TOT, WHR, XLF, XLU, and XSLV
  6. Attempting to break above the 28 DMA here: GOOG, JNJ, and TSM
  7. Moderately overbought now: CPB
  8. Standard overbought: NST
  9. Possible top here for: TLB
  10. Toppy here: QCOM
  11. Anything posted here may be off base.

Monday, June 16, 2008

Update based on EOD June 13, 2008.

  1. YI: +0.5
  2. Trying to bottom out: AAUK, BMY, EWI, EXP, and GFI
  3. Standard oversold: ACH and GE
  4. Moderatately oversold: AAPL, STX, T2118, TOT, and UGP
  5. Trying to hold some rising trend line support: LUFK and OGE
  6. Trying to hold falling trend line support: AA and KO
  7. Trying to break above some falling trend line resistance: C, CAT, CBK, HON, JCP, MER, PHI, and XPLT
  8. Moderately overbought: PBY
  9. A break out in either direction is on the way for: PDS
  10. Anything posted here may be off base.

Friday, June 13, 2008

Update based on EOD June 12, 2008.

  1. YI: -1
  2. Possible bottom here for: BPOP
  3. Trying to bottom out in this area: CBK, CY, IFN, SEE, TTH, UN, and VFC
  4. Extremely oversold now: MER
  5. Standard oversold: ACAS, EBAY, EWI, and EXP
  6. Moderately oversold: AEM, GF, GG, IBM, IWM, QQQQ, SVU, and SYY
  7. Trying to hold some rising trend line support: ADP, EWJ, and FRO
  8. Trying to hold falling trend line support: ABX, ACH, ASA, DVY, GLD, GM, and WSO
  9. Moderately overbought: TLB
  10. Toppy here: PEG
  11. Anything posted here may be off base.

Thursday, June 12, 2008

Update based on EOD June 11, 2008.

  1. YI: -1.5
  2. Trying to bottom out: SUN
  3. Standard oversold: ASA, BMY, GFI, PTR, and TSU
  4. Moderately oversold: CY, EWJ, the IIX index, and NAT
  5. Trying to hold some rising trend line support: ABX, RGLD, SNA, and XSLV
  6. Trying to hold falling trend line support: AAUK, CBK, FNM, PAYX, PCU, and TSM
  7. Attempting to hold the 28 DMA: LUFK
  8. Trying to break above some falling trend line resistance: KO
  9. Attempting to break above the 28 DMA: PEP
  10. Moderately overbought: FCX
  11. Standard overbought: PEG
  12. Anything posted here may be off base.

Wednesday, June 11, 2008

Update based on EOD June 10, 2008.

  1. YI: 0
  2. Possible bottom here for: BAC
  3. Extremely oversold: KBE and WB
  4. Standard oversold: C, SEE, USB, VFC, and WY
  5. Moderately oversold now: ACAS, GOOG, IYY, KFT, MSCC, the S&P-500, TTH, and UN
  6. Trying to hold some rising trend line support here: CSL, the IIX index, JNJ, and V
  7. Trying to hold falling trend line support: EXP and MDC
  8. Attempting to hold the 28 DMA here: SNE
  9. Trying to break above some falling trend line resistance: AIG, BPOP, GPC, and PG
  10. Attempting to break above the 28 DMA here: MCD
  11. Anything posted here may be off base.

Tuesday, June 10, 2008

Update based on EOD June 9, 2008.

  1. YI based on EOD June 6, 2008: -0.5
  2. YI based on EOD June 9, 2008: 0
  3. Possible bottom here for: NOK and PHI
  4. Trying to bottom out: ACH, BA, KO, and PEP
  5. Standard oversold: HON, JCP, LEN, PBY, SUN, WHR, and XLF
  6. Moderately oversold: ALEX, CBK, EXP, GPC, the S&P-500, T, VXO, and WSO
  7. Trying to hold some rising trend line support: EWJ, FNM, IBM, PLL, QCOM, and SYY
  8. Trying to hold falling trend line support: CAT, CPB, the DJ-30, EBAY, FNM, GOOG, IYY, NWL, PTR, and THE s&p-500.
  9. Attempting to hold the 28 DMA here: CSL, GIS, IBM, IWM, NYB, SVU, and UGP
  10. Up against rising trend line resistance: GG
  11. Trying to break above some falling trend line resistance: AEM, GLD, PDS, RGLD, and XPLT
  12. Anything posted here may be off base.

Friday, June 6, 2008

Update based on EOD June 5, 2008.

  1. YI: +2... So once again, the YI zero line indicated a zone of support for the market.
  2. Possible bottom here for: KEY, TSU, and WB
  3. Extremely oversold: BAC
  4. Standard oversold: KBE and NOK
  5. Moderately oversold: ACH, ASA, GLD, and PEP
  6. Trying to hold some rising trend line support: AAUK, AEM, SUN, and TCK
  7. Attempting to hold the 28 DMA here: AEM, GG, and T2118
  8. Up against rising trend line resistance: MSCC, NST, and TSM
  9. Trying to break above some falling trend line resistance: DVY, PAYX, TTH, UN, and XMSR
  10. Attempting to break above the 28 DMA here: NWL
  11. Standard overbought: GIS and HMC
  12. And anything posted here may be off base.

Thursday, June 5, 2008

Update based on EOD June 4, 2008.

  1. YI: 0
  2. Possible bottom here for: NWL
  3. Trying to bottom out in this area are: DVY and WY
  4. Standard oversold at this point: BPOP, IFN, MER, and PHI
  5. Moderately oversold now: BA, BHP, BMY, the DJ-30, EWI, MCD, PAYX, and VFC
  6. Trying to hold some rising trend line support: CBK, ERF, GOOG, IYY, MSCC, OGE, OKE, PTR, and SNA
  7. Trying to hold falling trend line support: KO, PEP, and PHI
  8. Attempting to hold the 28 DMA here: GF and XLU
  9. Up against rising trend line resistance: MDC
  10. Trying to break above some falling trend line resistance: SYY
  11. Attempting to break above the 28 DMA here: ADP
  12. Moderately overbought now: STX
  13. And anything posted here may be off base.

Wednesday, June 4, 2008

Update based on EOD June 3, 2008.

  1. YI: 0
  2. Trying to hold some rising trend line support: AAPL, ACH, BMY, C, FCX, HON, the S&P-500, T and USB
  3. Trying to hold falling trend line support: ACAS, AVP, EBAY, GPC, MER, NWL, and WHR
  4. Attempting to hold the 28 DMA here: AA, AAPL, CBK, FRO, the IIX index, NAT, and QQQQ
  5. Up against rising trend line resistance: BGF
  6. Trying to break above some falling trendline resistance: LUFK and MEOH
  7. Attempting to break above the 28 DMA here: CY and ERF
  8. Standard overbought now: SNE
  9. A break out either way is on the way for: CAT and FNM
  10. Anything posted here may be off base.

Monday, June 2, 2008

Update based on EOD June 2, 2008.

  1. YI: +0.5
  2. Trying to bottom out: GFI and XMSR
  3. Moderately oversold: WY
  4. Trying to hold some rising trend line support: CSL, KFT, MOT, PEP, UN, and VFC
  5. Trying to hold falling trend line support: MMC and TSU
  6. Attempting to hold the 28 DMA here: OKE and TKR
  7. Up against rising trend line resistance: PCU
  8. Trying to break above some falling trend line resistance: EWJ, QQQQ, STX, SUN, and the VXO
  9. Attempting to break above the 28 DMA here: PG
  10. Moderately overbought now: WSO
  11. Toppy here: HMC and PLL
  12. Anything posted here may be off base.

This update is late because of Google server problems this morning. Update based on EOD May 30, 2008.

  1. YI: +1.5
  2. Trying to bottom out: PHI and XPLT
  3. Moderately oversold: XPLT
  4. Trying to hold some rising trend line support: ERF, GLD, and JCP
  5. Trying to hold falling trend line support: GFI
  6. Attempting to hold the 28 DMA: ASA
  7. Up against rising trend line resistance: MKC, MSCC, T, and XLU
  8. Trying to break above some falling trend line resistance: ADP, BAC, BMY, the DJ-30, and PBY
  9. Attempting to break above the 28 DMA: JNJ, MCD, the S&P-500, and WHR
  10. Moderately overbought: ALEX, CBK, GOOG, HMC, the IIX index, and TTH
  11. Standard overbought: IWM
  12. Toppy: V
  13. Anything posted here may be off base.

Thursday, May 29, 2008

Update based on EOD May 29, 2008.

  1. YI: +2
  2. Trying to bottom out in this area: PG
  3. Standard oversold now: KEY and WB
  4. Attempting to hold the 28 DMA here: AMD and TCK
  5. Up against rising trend line resistance: WY
  6. Trying to break above some falling trend line resistance: C and WSO
  7. Moderately overbought now: VFC
  8. Toppy here: IBM
  9. Anything posted here may be off base.

(GE) is trying to break out of it's slump.

Wednesday, May 28, 2008

Update based on EOD May 28, 2008.

  1. YI: +1.5
  2. Possible bottom here for: GM
  3. Trying to bottom out now: BPOP and NOK
  4. Standard oversold: AIG
  5. Moderately oversold now: FNM and GFI
  6. Trying to hold some rising trend line support: ASA, FRO, GF, PDS, PTR, RGLD, TOT, and the XOI index.
  7. Trying to hold falling trend line support: AEM, GG, PCU, PEG, and SNE
  8. Attempting to hold the 28 DMA here: ABX, BHP, ERF, and GLD
  9. Up against rising trend line resistance: QQQQ
  10. Trying to break above some falling trend line resistance: AAPL, AAUK, AVP, GIS, GOOG, KFT, and UN
  11. Moderately overbought now: OGE
  12. Standard overbought: QCOM
  13. Toppy here: NYB
  14. Anything here may be off base.

Update based on EOD May 27, 2008.

  1. YI:  +1
  2. Trying to bottom out:  BAC, JCP, MDC, MER, MMC, NWL, and SEE
  3. Standard oversold: XMSR
  4. Moderately oversold: ADP, DVY, PAYX, PTR, and the S&P-500.
  5. Trying to hold some rising trend line support: ACH, CY, GPC, IDA, JNJ, PBY, SNE, and XPLT
  6. Trying to hold falling trend line support: ADP
  7. Attempting to hold the 28 DMA: EWI, EWJ, HMC, IWM, LUFK, SNA, SYY, and XLU
  8. Trying to break above some falling trend line resistance: ALEX
  9. Anything posted here may be off base.

Monday, May 26, 2008

Update based on EOD May 23, 2008.

  1. YI: +1
  2. Extremely oversold: GM
  3. Standard oversold: MDC
  4. Moderately oversold: HON, JNJ, MKC, and PHI
  5. Trying to hold some rising trend line support: AAUK, ALEX, ARM, BMY, EWJ, EXP, HMC, KEY, LEN, NAT, QQQQ, V, and XMSR
  6. Trying to hold falling trend line support: TLB and XLF
  7. Attempting to hold the 28 DMA here: FCX, IIX, and UGP
  8. Trying to break above some falling trend line resistance: BGF and MEOH
  9. Attempting to break above the 28 DMA here: KO and PEP
  10. A break out either way is on the way for: SUN
  11. Anything posted here may be off base.

Thursday, May 22, 2008

Update based on EOD May 22, 2008.

  1. YI: +2.5
  2. Possible bottom here for: AIG
  3. Trying to bottom out: KBE, KEY, WB, and WHR
  4. Standard oversold now: BAC, C, GE, and NWL
  5. Moderately oversold: BA, BPOP, DJ-30, EBAY, GOOG, IFN, JCP, LEN, MCD, MER, MMC, UN, USB, VFC, and XLF
  6. Trying to hold some rising trend line support: CAT, ERF, FCX, MDC, MSCC, PG, and SVU
  7. Trying to hold falling trend line support: DVY, SEE, TSU, and WY
  8. Attempting to hold the 28 DMA here: AAPL, ACAS, CY, IYY, QQQQ, TSM, and TTH
  9. Trying to break above some falling trend line resistance: OGE
  10. Attempting to break above the 28 DMA here: VXO
  11. Moderately overbought now: XSLV
  12. Anything posted here may be off base.

Update based on EOD May 21, 2008.

  1. YI: +2.5
  2. Trying to hold some rising trend line support: BPOP, FNM, MOT, PHI, and TSM
  3. Trying to hold falling trend line support: CPB, DJ-30, STX, XLF, and XMSR
  4. Attempting to hold the 28 DMA here: GFI, GIS, GOOG, IBM, S&P-500, and T
  5. Moderately overbought: ABX and NST
  6. Toppy here: ASA and the XOI index.
  7. Possible top here for: ERF and GG
  8. Probable top here for: FRO
  9. Going parabolic: TOT
  10. Anything posted here may be off base.

Wednesday, May 21, 2008

Update based on EOD May 20, 2008.

  1. YI: +4
  2. Moderately oversold now: AVP, CPB, KBE, and KEY
  3. Trying to hold some rising trend line support: AAPL, BHP, DVY, EBAY, IIX, MMC, PAYX, and PTR
  4. Trying to hold falling trend line support: AIG and UN
  5. Attempting to break above the 28 DMA here: DJ-30, JCP, and MMC
  6. Up against rising trend line resistance: ABX
  7. Trying to break above some falling trend line resistance: KO and the VXO
  8. Moderately overbought now: PEG, RGLD, and XLU
  9. Toppy here: KFT and T2118
  10. Going parabolic: NAT
  11. Anything posted here may be off base.

Monday, May 19, 2008

Update based on EOD May 19, 2008.

  1. YI: +5 again, so the odds of some type of top forming in this area for the market have increased.
  2. Trying to bottom out in this area: BMY
  3. Trying to hold some rising trend line support: AMD, BAC, USB, and WB
  4. Attempting to hold the 28 DMA here: XMSR
  5. Up against rising trend line resistance: ACH, ALEX, EWI, NYB, S&P-500, and TSM
  6. Trying to break above some falling trend line resistance: AEM, HMC, IIX, and NOK
  7. Attempting to break above the 28 DMA here: NOK, PG, and XSLV
  8. Moderately overbought now: EXP, GLD, PLL, and PTR
  9. Standard overbought: AAUK, QCOM, and XPLT
  10. Extremely overbought: FCX, TOT, and XOI
  11. Toppy here: ERF, MSCC, TCK, and WY
  12. Anything posted here may be off base.

Sunday, May 18, 2008

Update based on EOD May 16, 2008.

  1. YI: +5 (So the maket is now "officially" overbought again.)
  2. Trying to bottom out in this area: TSU
  3. Up against rising trend line resistance: DJ-30, IWM, and MMC
  4. Trying to break above some falling trend line resistance: EWJ, GPC, and SEE
  5. Attempting to break above the 28 DMA here: ABX and NWL
  6. Moderately overbought now: AEM, ASA, CSL, GG, and MDC
  7. Standard overbought here: GF, NYB, S&P-500, SVU, and VXO
  8. Extremely overbought: IBM
  9. Toppy: CY and IYY
  10. Possible top here for the QQQQ.
  11. A break out either way is on the way for: AVP
  12. Anything posted here may be off base.

Thursday, May 15, 2008

Update based on EOD May 15, 2008.

  1. YI: +4.5
  2. Trying to bottom out in this area: GM
  3. Trying to hold some rising trend line support: MCD and UGP
  4. Attempting to hold the 28 DMA here: MPG
  5. Up against rising trend line resistance: EWJ and SVU
  6. Trying to break above some falling trend line resistance: GF, GLD, KO, T, TLB, VFC, and XLF
  7. Attempting to break above the 28 DMA here: WHR
  8. Moderately overbought now: ACAS, LEN, OKE, and STX
  9. Standard overbought: CY, HON, SNE, and TTH
  10. Toppy here: SNA and TOT
  11. Has gone parabolic: BHP
  12. Anything posted here may be off base.

Update based on EOD May 14, 2008.

  1. YI: +3.5
  2. Trying to bottom out here: C
  3. Trying to hold falling trend line support: VXO
  4. Up against rising trend line resistance: CY, RIO, TOT, WOR, and the XOI index.
  5. Trying to break above some falling trend line resistance: DJ-30, FCX, FNM, PG, PLL, and XLU
  6. Attempting to break above the 28 DMA here: CSL and PHI
  7. Moderately overbought: ADP, BGF, FCX, and WY
  8. Standard overbought: PUW
  9. Possible top here for: IIX
  10. Toppy: CPB
  11. Probable top here for: AA
  12. Anything posted here may be off base.

Wednesday, May 14, 2008

Update based on EOD May 13, 2008.

  1. YI: +3
  2. Trying to bottom out in this area: AIG and BMY
  3. Trying to hold some rising trend line support: GG
  4. Up against rising trend line resistance: The IIX index, and MCD
  5. Trying to break above some falling trend line resistance: ACAS, IYY, SYY, and TKR
  6. Attempting to break above the 28 DMA here: ACAS, DVY, EBAY, MKC, PBY, and WSO
  7. Moderately overbought now: AMD
  8. Standard overbought: AA
  9. Toppy here: BHP
  10. Probable top here for: GGB
  11. Anything posted here may be off base.

Tuesday, May 13, 2008

(KO) is trying to bottom out.

Update based on EOD May 12, 2008.

  1. YI: +3
  2. Trying to bottom out in this area: GE, KO, NOK, and SEE
  3. Standard oversold here: CREE
  4. Moderately oversold: BMY, C, PCU, and PG
  5. Trying to hold some rising trend line support: FCX
  6. Trying to hold falling trend line support: KFT
  7. Attempting to hold the 28 DMA here: EWJ, KBE, SNE, and XLF
  8. Up against rising trend line resistance: FRO
  9. Attempting to break above the 28 DMA here: RGLD
  10. Moderately overbought now: XPLT
  11. Possible top here for: NAT
  12. Toppy: PDS
  13. A break out either way is on the way for: CY
  14. Anything posted here may be off base.

Saturday, May 10, 2008

Update based on the EOD May 9, 2008 prices.

  1. YI: +2
  2. Standard oversold at this point: CBK and KO
  3. Moderately oversold: ACH, AIG, BAC, EXP, IDA, MDC, and PEP
  4. Trying to hold some rising trend line support: AAUK, the DJ-30, GM, GPC, HON, IFN, LEN, MER, NST, PHI, TSM, V, and WSO
  5. Trying to hold falling trend line support: NOK and VFC
  6. Attempting to hold the 28 DMA here: AAUK, the DJ-30, HMC, IWM, MMC, NLY, OGE, PTR, and RT
  7. Up against rising trend line resistance: GG and XPLT
  8. Trying to break above some falling trend line resistance: PBY
  9. Attempting to break above the 28 DMA here: ABX, AEM, ASA, and GFI
  10. Moderately overbought now: MEOH and UN
  11. Possible top here for: AA
  12. Toppy: IBM
  13. Anything posted here may be off base.

Thursday, May 8, 2008

Update based on EOD May 8, 2008.

  1. YI: +2.5
  2. Moderately oversold now: EBAY, GE, and PEG
  3. Trying to hold some rising trend line support: AAPL, ACH, EWJ, IWM, IYG, NYB, OGE, PCU, PG, QQQQ, and TOT
  4. Trying to hold falling trend line support: CBK, PEP, SEE, STMP, TSM, and WHR
  5. Attempting to hold the 28 DMA here: ALEX, BPOP, DVY, EWI, GM, HON, JNJ, KEY, MER, PAYX, T, WB, and XLU
  6. Up against rising trend line resistance: BHP, GF, UGP, and WOR
  7. Attempting to break above the 28 DMA here: PLL
  8. Anything posted here may be off base.

(AA) seems a bit toppy here.

Update based on the May 7, 2008 close.

  1. YI: +2
  2. Moderately oversold: TSU and UN
  3. Trying to hold some rising trend line support: XLF
  4. Trying to hold falling trend line support: CREE and TICC
  5. Attempting to hold the 28 DMA here: IDA
  6. Up against rising trend line resistance: ASA, GFI, MSCC, OKE, and the XOI index.
  7. Trying to break above some falling trend line resistance: FXC and the VXO
  8. Attempting to break above the 28 DMA here: ACAS and STX
  9. Moderately overbought now: AA
  10. Standard overbought at this level: ERF, PDS, T2118, and TCK
  11. Possible top here for: FRO and GF
  12. Toppy here: AA and NAT
  13. Anything posted here may be off base.