Monday, January 7, 2008

Based on EOD Jan. 4, 2008.

  1. YI: 0
  2. Trying to bottom out: SVU
  3. Extremely oversold: BAC and GM
  4. Standard oversold: FTO and PNRA
  5. Moderately oversold: GT, IDA, IDU, OGE, PG, and PLT
  6. Trying to hold some rising trend line support: ENER, FCX, and MPG
  7. Trying to hold falling trend line support: EWJ, EWP, JOSB, NOK, NYB, OCR, SHI, STX, and SUN
  8. Attempting to hold the 28 DMA here: CLF and PHI
  9. Trying to break above some falling trend line resistance: PEG
  10. Moderately overbought now: ELN and GFI
  11. Standard overbought: AEM and ASA
  12. Toppy here: ABX
  13. Anything here could be off base.

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