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.

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