Thursday, May 29, 2008

Update based on EOD May 29, 2008.

  1. YI: +2
  2. Trying to bottom out in this area: PG
  3. Standard oversold now: KEY and WB
  4. Attempting to hold the 28 DMA here: AMD and TCK
  5. Up against rising trend line resistance: WY
  6. Trying to break above some falling trend line resistance: C and WSO
  7. Moderately overbought now: VFC
  8. Toppy here: IBM
  9. Anything posted here may be off base.

(GE) is trying to break out of it's slump.

Wednesday, May 28, 2008

Update based on EOD May 28, 2008.

  1. YI: +1.5
  2. Possible bottom here for: GM
  3. Trying to bottom out now: BPOP and NOK
  4. Standard oversold: AIG
  5. Moderately oversold now: FNM and GFI
  6. Trying to hold some rising trend line support: ASA, FRO, GF, PDS, PTR, RGLD, TOT, and the XOI index.
  7. Trying to hold falling trend line support: AEM, GG, PCU, PEG, and SNE
  8. Attempting to hold the 28 DMA here: ABX, BHP, ERF, and GLD
  9. Up against rising trend line resistance: QQQQ
  10. Trying to break above some falling trend line resistance: AAPL, AAUK, AVP, GIS, GOOG, KFT, and UN
  11. Moderately overbought now: OGE
  12. Standard overbought: QCOM
  13. Toppy here: NYB
  14. Anything here may be off base.

Update based on EOD May 27, 2008.

  1. YI:  +1
  2. Trying to bottom out:  BAC, JCP, MDC, MER, MMC, NWL, and SEE
  3. Standard oversold: XMSR
  4. Moderately oversold: ADP, DVY, PAYX, PTR, and the S&P-500.
  5. Trying to hold some rising trend line support: ACH, CY, GPC, IDA, JNJ, PBY, SNE, and XPLT
  6. Trying to hold falling trend line support: ADP
  7. Attempting to hold the 28 DMA: EWI, EWJ, HMC, IWM, LUFK, SNA, SYY, and XLU
  8. Trying to break above some falling trend line resistance: ALEX
  9. Anything posted here may be off base.

Monday, May 26, 2008

Update based on EOD May 23, 2008.

  1. YI: +1
  2. Extremely oversold: GM
  3. Standard oversold: MDC
  4. Moderately oversold: HON, JNJ, MKC, and PHI
  5. Trying to hold some rising trend line support: AAUK, ALEX, ARM, BMY, EWJ, EXP, HMC, KEY, LEN, NAT, QQQQ, V, and XMSR
  6. Trying to hold falling trend line support: TLB and XLF
  7. Attempting to hold the 28 DMA here: FCX, IIX, and UGP
  8. Trying to break above some falling trend line resistance: BGF and MEOH
  9. Attempting to break above the 28 DMA here: KO and PEP
  10. A break out either way is on the way for: SUN
  11. Anything posted here may be off base.

Thursday, May 22, 2008

Update based on EOD May 22, 2008.

  1. YI: +2.5
  2. Possible bottom here for: AIG
  3. Trying to bottom out: KBE, KEY, WB, and WHR
  4. Standard oversold now: BAC, C, GE, and NWL
  5. Moderately oversold: BA, BPOP, DJ-30, EBAY, GOOG, IFN, JCP, LEN, MCD, MER, MMC, UN, USB, VFC, and XLF
  6. Trying to hold some rising trend line support: CAT, ERF, FCX, MDC, MSCC, PG, and SVU
  7. Trying to hold falling trend line support: DVY, SEE, TSU, and WY
  8. Attempting to hold the 28 DMA here: AAPL, ACAS, CY, IYY, QQQQ, TSM, and TTH
  9. Trying to break above some falling trend line resistance: OGE
  10. Attempting to break above the 28 DMA here: VXO
  11. Moderately overbought now: XSLV
  12. Anything posted here may be off base.

Update based on EOD May 21, 2008.

  1. YI: +2.5
  2. Trying to hold some rising trend line support: BPOP, FNM, MOT, PHI, and TSM
  3. Trying to hold falling trend line support: CPB, DJ-30, STX, XLF, and XMSR
  4. Attempting to hold the 28 DMA here: GFI, GIS, GOOG, IBM, S&P-500, and T
  5. Moderately overbought: ABX and NST
  6. Toppy here: ASA and the XOI index.
  7. Possible top here for: ERF and GG
  8. Probable top here for: FRO
  9. Going parabolic: TOT
  10. Anything posted here may be off base.

Wednesday, May 21, 2008

Update based on EOD May 20, 2008.

  1. YI: +4
  2. Moderately oversold now: AVP, CPB, KBE, and KEY
  3. Trying to hold some rising trend line support: AAPL, BHP, DVY, EBAY, IIX, MMC, PAYX, and PTR
  4. Trying to hold falling trend line support: AIG and UN
  5. Attempting to break above the 28 DMA here: DJ-30, JCP, and MMC
  6. Up against rising trend line resistance: ABX
  7. Trying to break above some falling trend line resistance: KO and the VXO
  8. Moderately overbought now: PEG, RGLD, and XLU
  9. Toppy here: KFT and T2118
  10. Going parabolic: NAT
  11. Anything posted here may be off base.

Monday, May 19, 2008

Update based on EOD May 19, 2008.

  1. YI: +5 again, so the odds of some type of top forming in this area for the market have increased.
  2. Trying to bottom out in this area: BMY
  3. Trying to hold some rising trend line support: AMD, BAC, USB, and WB
  4. Attempting to hold the 28 DMA here: XMSR
  5. Up against rising trend line resistance: ACH, ALEX, EWI, NYB, S&P-500, and TSM
  6. Trying to break above some falling trend line resistance: AEM, HMC, IIX, and NOK
  7. Attempting to break above the 28 DMA here: NOK, PG, and XSLV
  8. Moderately overbought now: EXP, GLD, PLL, and PTR
  9. Standard overbought: AAUK, QCOM, and XPLT
  10. Extremely overbought: FCX, TOT, and XOI
  11. Toppy here: ERF, MSCC, TCK, and WY
  12. Anything posted here may be off base.

Sunday, May 18, 2008

Update based on EOD May 16, 2008.

  1. YI: +5 (So the maket is now "officially" overbought again.)
  2. Trying to bottom out in this area: TSU
  3. Up against rising trend line resistance: DJ-30, IWM, and MMC
  4. Trying to break above some falling trend line resistance: EWJ, GPC, and SEE
  5. Attempting to break above the 28 DMA here: ABX and NWL
  6. Moderately overbought now: AEM, ASA, CSL, GG, and MDC
  7. Standard overbought here: GF, NYB, S&P-500, SVU, and VXO
  8. Extremely overbought: IBM
  9. Toppy: CY and IYY
  10. Possible top here for the QQQQ.
  11. A break out either way is on the way for: AVP
  12. Anything posted here may be off base.

Thursday, May 15, 2008

Update based on EOD May 15, 2008.

  1. YI: +4.5
  2. Trying to bottom out in this area: GM
  3. Trying to hold some rising trend line support: MCD and UGP
  4. Attempting to hold the 28 DMA here: MPG
  5. Up against rising trend line resistance: EWJ and SVU
  6. Trying to break above some falling trend line resistance: GF, GLD, KO, T, TLB, VFC, and XLF
  7. Attempting to break above the 28 DMA here: WHR
  8. Moderately overbought now: ACAS, LEN, OKE, and STX
  9. Standard overbought: CY, HON, SNE, and TTH
  10. Toppy here: SNA and TOT
  11. Has gone parabolic: BHP
  12. Anything posted here may be off base.

Update based on EOD May 14, 2008.

  1. YI: +3.5
  2. Trying to bottom out here: C
  3. Trying to hold falling trend line support: VXO
  4. Up against rising trend line resistance: CY, RIO, TOT, WOR, and the XOI index.
  5. Trying to break above some falling trend line resistance: DJ-30, FCX, FNM, PG, PLL, and XLU
  6. Attempting to break above the 28 DMA here: CSL and PHI
  7. Moderately overbought: ADP, BGF, FCX, and WY
  8. Standard overbought: PUW
  9. Possible top here for: IIX
  10. Toppy: CPB
  11. Probable top here for: AA
  12. Anything posted here may be off base.

Wednesday, May 14, 2008

Update based on EOD May 13, 2008.

  1. YI: +3
  2. Trying to bottom out in this area: AIG and BMY
  3. Trying to hold some rising trend line support: GG
  4. Up against rising trend line resistance: The IIX index, and MCD
  5. Trying to break above some falling trend line resistance: ACAS, IYY, SYY, and TKR
  6. Attempting to break above the 28 DMA here: ACAS, DVY, EBAY, MKC, PBY, and WSO
  7. Moderately overbought now: AMD
  8. Standard overbought: AA
  9. Toppy here: BHP
  10. Probable top here for: GGB
  11. Anything posted here may be off base.

Tuesday, May 13, 2008

(KO) is trying to bottom out.

Update based on EOD May 12, 2008.

  1. YI: +3
  2. Trying to bottom out in this area: GE, KO, NOK, and SEE
  3. Standard oversold here: CREE
  4. Moderately oversold: BMY, C, PCU, and PG
  5. Trying to hold some rising trend line support: FCX
  6. Trying to hold falling trend line support: KFT
  7. Attempting to hold the 28 DMA here: EWJ, KBE, SNE, and XLF
  8. Up against rising trend line resistance: FRO
  9. Attempting to break above the 28 DMA here: RGLD
  10. Moderately overbought now: XPLT
  11. Possible top here for: NAT
  12. Toppy: PDS
  13. A break out either way is on the way for: CY
  14. Anything posted here may be off base.

Saturday, May 10, 2008

Update based on the EOD May 9, 2008 prices.

  1. YI: +2
  2. Standard oversold at this point: CBK and KO
  3. Moderately oversold: ACH, AIG, BAC, EXP, IDA, MDC, and PEP
  4. Trying to hold some rising trend line support: AAUK, the DJ-30, GM, GPC, HON, IFN, LEN, MER, NST, PHI, TSM, V, and WSO
  5. Trying to hold falling trend line support: NOK and VFC
  6. Attempting to hold the 28 DMA here: AAUK, the DJ-30, HMC, IWM, MMC, NLY, OGE, PTR, and RT
  7. Up against rising trend line resistance: GG and XPLT
  8. Trying to break above some falling trend line resistance: PBY
  9. Attempting to break above the 28 DMA here: ABX, AEM, ASA, and GFI
  10. Moderately overbought now: MEOH and UN
  11. Possible top here for: AA
  12. Toppy: IBM
  13. Anything posted here may be off base.

Thursday, May 8, 2008

Update based on EOD May 8, 2008.

  1. YI: +2.5
  2. Moderately oversold now: EBAY, GE, and PEG
  3. Trying to hold some rising trend line support: AAPL, ACH, EWJ, IWM, IYG, NYB, OGE, PCU, PG, QQQQ, and TOT
  4. Trying to hold falling trend line support: CBK, PEP, SEE, STMP, TSM, and WHR
  5. Attempting to hold the 28 DMA here: ALEX, BPOP, DVY, EWI, GM, HON, JNJ, KEY, MER, PAYX, T, WB, and XLU
  6. Up against rising trend line resistance: BHP, GF, UGP, and WOR
  7. Attempting to break above the 28 DMA here: PLL
  8. Anything posted here may be off base.

(AA) seems a bit toppy here.

Update based on the May 7, 2008 close.

  1. YI: +2
  2. Moderately oversold: TSU and UN
  3. Trying to hold some rising trend line support: XLF
  4. Trying to hold falling trend line support: CREE and TICC
  5. Attempting to hold the 28 DMA here: IDA
  6. Up against rising trend line resistance: ASA, GFI, MSCC, OKE, and the XOI index.
  7. Trying to break above some falling trend line resistance: FXC and the VXO
  8. Attempting to break above the 28 DMA here: ACAS and STX
  9. Moderately overbought now: AA
  10. Standard overbought at this level: ERF, PDS, T2118, and TCK
  11. Possible top here for: FRO and GF
  12. Toppy here: AA and NAT
  13. Anything posted here may be off base.

Wednesday, May 7, 2008

Update based on EOD May 6, 2008.

  1. YI: +3.5
  2. Standard oversold at this point: NWL
  3. Moderately oversold: MKC
  4. Trying to hold some rising trend line support: AIG, BPOP, C, GE, GM, MMC, PEP, and SEE
  5. Trying to hold some falling trend line support: ACAS and PLL
  6. Now up against rising trend line resistance: EWI
  7. Trying to break above some falling trend line resistance: ACH, LEN, MEOH, STX, and XSLV
  8. Going parabolic: FRO, NAT, and V
  9. Anything posted here may be off base.

Tuesday, May 6, 2008

Updated based on EOD May 5, 2008.

  1. YI:  +3
  2. Trying to hold some rising trend line support: BA, EBAY, PBY, and SVU
  3. Trying to hold falling trend line support: KO
  4. Attempting to hold the 28 DMA here: CBK, MPG, NYB, and WSO
  5. Up against rising trend line resistance: JNJ
  6. Trying to break above some falling trend line resistance: AMD and NST
  7. Attempting to break above the 28 DMA here: BGF
  8. Standard overbought at this level: HMC and PTR
  9. Extremely overbought now: AAPL, FRO, and NAT
  10. Possible top here for: GGB
  11. Anything posted here may be off base.

Monday, May 5, 2008

Update based on EOD May 2, 2008.

  1. YI: +3.5
  2. Extremely oversold here: GLD
  3. Trying to hold some rising trend line support: ADP
  4. Trying to hold falling trend line support: The VXO
  5. Attempting to hold the 28 DMA here: CY and FCX
  6. Now up against rising trend line resistance: C, HMC, HON, RIO, and T
  7. Trying to break above some falling trend line resistance: BAC, the DJ-30, EXP, MDC, OGE, OKE, the S&P-500, SYY, T, UN, and WHR
  8. Moderately overbought now: AIG, BAC, DVY, IDA, KEY, KFT, OGE, RT, and WOR
  9. Standard overbought: ARM, CPB, IFN, IWM, MCD, QQQQ, and TTH
  10. Extremely overbought: TKR
  11. Toppy here: EWJ, GOOG, KBE, PAYX, QCOM, SNE, STMP, V, and XLF
  12. Going parabolic: GGB
  13. A break out either way is on the way for: TLB
  14. Anything posted here may be off base.

Friday, May 2, 2008

CREE is trying to bottom out.

Update based on the May 1, 2008 closing prices.

  1. YI: +3
  2. Possible bottom here for: SUN
  3. Trying to bottom out in this area: CREE, MEOH, and STX
  4. Moderately oversold now: PLL and SEE
  5. Trying to hold some rising trend line support: C, JCP, PEG, RGLD, and SEE
  6. Attempting to hold the 28 DMA here: ACH, ERF, GIS, OKE, and PDS
  7. Trying to break above some falling trend line resistance: BGF, BMY, and MER
  8. Up against rising trend line resistance: NYB
  9. Moderately overbought now: BMY, BPOP, and NST
  10. Standard overbought: PLT
  11. Anything posted here may be off base.

Thursday, May 1, 2008

Update based on the closing prices of April 30, 2008.

  1. YI: +1.5
  2. Possible bottom here for: ABX and GFI
  3. Trying to bottom out in this area: ASA, GG, RGLD and XPLT
  4. Trying to hold some rising trend line support: ERF, KO, PCU, and SNE
  5. Trying to hold falling trend line support: AA, CREE, and GLD
  6. Attempting to hold the 28 DMA here: PCU
  7. Trying to break above some falling trend line resistance: ACAS, ADP, ARM, EBAY, KEY, and TTH
  8. Up against rising trend line resistance: CPB, GPC, NST, and TOT
  9. Standard overbought now: CBK and SVU
  10. Possible top here for: SVU
  11. Probable top here for: AAPL
  12. Going parabolic: V
  13. Anything posted here may be off base.