Tuesday, January 22, 2008

Here are the rest of the signals based on the Jan. 19, 2008 close.

  1. YI: -5
  2. Trying to bottom out: MCD
  3. Extremely oversold: NAT, RMBS, SMTC, and TCK
  4. Standard oversold: GE, GGB, GOOG, IYM, the OEX index, PCU, PHI, PTEN, PXD, QLGC, RIO, RNR, the S&P-500, WTS, and the XOI index.
  5. Moderately oversold: GG, GLW, HIT, IDA, IFN, LMT, LUFK, OXY, PEG, and SNE
  6. Trying to hold some rising trend line support: NLY, NX, STP, and X
  7. Trying to hold falling trend line support: The IIX index, OGE, T, WIRE, and WY
  8. Attempting to hold the 28 DMA here: NEM
  9. Trying to break above some falling trend line resistance: MEOH, REDF, and TSM
  10. Attempting to break above the 28 DMA here: JCP, LOW, and TZOO
  11. Up against rising trend line resistance: MMC
  12. More later maybe.

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