Wednesday, January 30, 2008

Based on EOD Jan. 29, 2008

  1. YI: -3
  2. Trying to hold some rising trend line support: NTES
  3. Trying to hold falling trend line support: REDF
  4. Trying to break above some falling trend line resistance: ACAS, ACH, ALEX, CY, EEFT, HIT, NSC, the OEX index, PLT, PTEN, SYY, and TCK
  5. Attempting to break above the 28 DMA here: AA, AXP, C, ERF, FRO, IYM, MPG, RNR, SUN, TSM, and TSU
  6. Up against rising trend line resistance: JCP and NEM
  7. Moderately overbought now: BAC, CAT, CBK, ELY, FXC, GLW, GM, QLGC, and SPC
  8. Standard overbought: ABX and BPOP
  9. Possible top here for: AEM and GLD
  10. Toppy at this point: CLF, CREE, CSTR, XPLT, and XSLV
  11. Anything here could be off base.

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