- YI: -5 (So the market is "officially" oversold now.)
- Possible bottom here for: BAC, BPOP, KEY, NYB, and XLF
- Trying to bottom out in this area: AIG, AMD, the BKX index, BMY, GPC, LEN, MMC, NWL, RNR, and WB
- Extremely oversold now: GOOG
- Standard oversold at this point: ARM, CBK, MER, NLY, NOK, the S&P-500, and TTH
- Moderately oversold: ACAS, CSL, GIS, LOW, MDC, PBY, PLL, RYL, and SNA
- Trying to hold some rising trend line support: ACH, ERF, FRO, MKC, and TICC
- Trying to hold falling trend line support: CREE, MCD, MOT, and VFC
- Attempting to hold the 28 DMA here: BHP, PDS, RGLD, RIO, and XPLT
- Moderately overbought now: GFI
- Possible top here for: AEM
- Toppy: GFI
- Anything here may be off base.
Monday, March 10, 2008
T.A. based on the close of March 7, 2008.
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