Wednesday, June 4, 2008

Update based on EOD June 3, 2008.

  1. YI: 0
  2. Trying to hold some rising trend line support: AAPL, ACH, BMY, C, FCX, HON, the S&P-500, T and USB
  3. Trying to hold falling trend line support: ACAS, AVP, EBAY, GPC, MER, NWL, and WHR
  4. Attempting to hold the 28 DMA here: AA, AAPL, CBK, FRO, the IIX index, NAT, and QQQQ
  5. Up against rising trend line resistance: BGF
  6. Trying to break above some falling trendline resistance: LUFK and MEOH
  7. Attempting to break above the 28 DMA here: CY and ERF
  8. Standard overbought now: SNE
  9. A break out either way is on the way for: CAT and FNM
  10. Anything posted here may be off base.

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