Monday, February 11, 2008

T.A. work based on the close of Feb. 8, 2008.

  1. YI: -3.5
  2. Possible bottom here for: MRVL
  3. Trying to bottom out in this area: EWD, EWU, HMC, QQQQ, RGLD, TZOO, and UN
  4. Moderately oversold now: BGF, BHP, DVY, IBM, LMT, and MMC
  5. Trying to hold some rising trend line support: CSL, EBAY, and PG
  6. Trying to hold falling trend line support: UGP
  7. Attempting to hold the 28 DMA here: EXP, FXY, and TSU
  8. Trying to break above some falling trend line resistance: CSTR, FCX, FXC, MFE, PDS, TOT, and WSO
  9. Attempting to break above the 28 DMA here: ENER, ERF, LUFK, OCR, and STX
  10. Up against rising trend line resistance: JCP
  11. Moderately overbought now: PTEN and TICC
  12. Toppy here: AVP
  13. Anything here could be off base.

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