Wednesday, January 2, 2008

Based on EOD Dec. 31, 2007.

  1. YI: -0.5
  2. Possible bottom here for: OCR
  3. Trying to bottom out now: ACAS, AMD, BAC, the BKX index, C, ERIE, GM, LOW, MER, MSCC, SMTC, SNDK, TOL, WB, WPL, and WSO
  4. Extremely oversold: TLB and XMSR
  5. Standard oversold: PAYX
  6. Moderately oversold: CPB, DVY, EEFT, EXP, IWM, LMT, NSM, NTES, STMP, and SVU
  7. Trying to hold some rising trend line support: CSTR, CY, the DRG index, LUFK, MKC, MPG, NYB, the OEX index, OGE, PCU, ROK, SNE, TOT, and TTH
  8. Trying to hold falling trend line support: ALD, DFG, GPC, REDF, SPC, and STP
  9. Attempting to hold the 28 DMA here: CORS, ELY, MKC, NST, PHG, PLL, QLGC, QQQQ, and WHR
  10. Trying to break above some falling trend line resistance: GF, JWN, MRVL, TSM, and WY
  11. Attempting to break above the 28 DMA here: VXO
  12. Moderately overbought now: ASA, FXY, and GF
  13. Toppy here: AEM and PXD
  14. A break out in either direction is on the way for: EWA
  15. Anything here could be off base.

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