Friday, January 11, 2008

Based on EOD Jan. 10, 2008.

  1. YI: +1
  2. Possible bottom here for: ARM, CAKE, ERIC, MFE, MOT, NOK, OKE, and TKR
  3. Trying to bottom out in this area: ALEX, CMI, EBAY, ENER, EWP, IRF, LEN, NWL, NYB, SYY, and T2118.
  4. Extremely oversold now: PBY
  5. Standard oversold: CPB, JOSB, SUN, and TASR
  6. Trying to hold some rising trend line support: FXC and UN
  7. Trying to hold falling trend line support: FRO
  8. Trying to break above some falling trend line resistance: BAC, the BKX index, C, GF, IFN, KMX, MDC, NSM, PNRA, RMBS, SMTC, TICC, WY, and XLF
  9. Attempting to break above the 28 DMA here: KFT and VFC
  10. Up against rising trend line resistance: ASA
  11. Moderately overbought now: The DRG index, IDU, and JNJ
  12. Standard overbought: ELN, LUFK, and SNE
  13. Extremely overbought: AEM
  14. Anything here could be off base.

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