Thursday, January 24, 2008

Based on the close of Jan. 23, 2008

  1. YI: -3.5
  2. Possible bottom here for: AAPL, FCX, and GOOG
  3. Trying to bottom out in this area: FCX, GFI, and GGB
  4. Extremely oversold now: ERIC
  5. Standard oversold: The DRG index.
  6. Trying to hold falling trend line support: DELL and GLW
  7. Trying to break above some falling trend line resistance: ACH, ARM, CLF, CPB, EEM, EJ, ERIE, GE, HIT, HMC, HON, IBM, IDU, and IWM
  8. Trying to break above the 28 DMA here: ALD and GG
  9. More later. Anything here could be off base.

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