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.

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