Thursday, May 22, 2008

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.

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