Wednesday, June 18, 2008

Update based on EOD June 17, 2008.

  1. YI: -0.5
  2. Moderately oversold: PEP
  3. Trying to hold some rising trend line support: PG and WY
  4. Trying to hold falling trend line support: AIG
  5. Trying to break above some falling trend line resistance: ACH, ASA, BHP, EBAY, FNM, GF, GM, NYB, PTR, the S&P-500, TSU, and VFC
  6. Attempting to break above the 28 DMA here: ABX, C, MDC, QQQQ, STX, and TKR
  7. Moderately overbought now: AAUK and MSCC
  8. Standard overbought: MEOH
  9. Extremely overbought: FRO
  10. Toppy here: ARM and FCX
  11. Anything posted here may be off base.

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