Monday, March 10, 2008

T.A. based on the close of March 7, 2008.

  1. YI: -5 (So the market is "officially" oversold now.)
  2. Possible bottom here for: BAC, BPOP, KEY, NYB, and XLF
  3. Trying to bottom out in this area: AIG, AMD, the BKX index, BMY, GPC, LEN, MMC, NWL, RNR, and WB
  4. Extremely oversold now: GOOG
  5. Standard oversold at this point: ARM, CBK, MER, NLY, NOK, the S&P-500, and TTH
  6. Moderately oversold: ACAS, CSL, GIS, LOW, MDC, PBY, PLL, RYL, and SNA
  7. Trying to hold some rising trend line support: ACH, ERF, FRO, MKC, and TICC
  8. Trying to hold falling trend line support: CREE, MCD, MOT, and VFC
  9. Attempting to hold the 28 DMA here: BHP, PDS, RGLD, RIO, and XPLT
  10. Moderately overbought now: GFI
  11. Possible top here for: AEM
  12. Toppy: GFI
  13. Anything here may be off base.

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