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.

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