Monday, March 31, 2008

TA based on the closing prices of March 31, 2008.

  1. YI: -3
  2. Trying to bottom out in this area: ALEX, BAC, the BKX index, GM, KEY, MER, MMC, MOT, PBY, and WB
  3. Extremely oversold now: MPG
  4. Standard oversold: MER and SNE
  5. Moderately oversold now: AIG, the BKX index, DVY, GPC, LOW, MEOH, the S&P-500, UGP, XLF, and XMSR
  6. Trying to hold some rising trend line support here: AEM, AVP, CREE, DVY, EWJ, GG, GGB, GOOG, IFN, MSCC, RNR, TKR, WSO, and XSLV
  7. Trying to hold falling trend line support: CBK and OKE
  8. Attempting to hold the 28 DMA here: The DJ-30, EXP, FNM, IDA, IWM, NSM, NWL, QQQQ, SEE, SYY, and WY
  9. Trying to break above some falling trend line resistance: ASA, ERF, and JNJ
  10. Attempting to break above the 28 DMA here: NST
  11. Moderately overbought now: ROK
  12. Toppy here: GIS
  13. Anything posted here may be off base.

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