Thursday, May 15, 2008

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.

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