Thursday, June 5, 2008

Update based on EOD June 4, 2008.

  1. YI: 0
  2. Possible bottom here for: NWL
  3. Trying to bottom out in this area are: DVY and WY
  4. Standard oversold at this point: BPOP, IFN, MER, and PHI
  5. Moderately oversold now: BA, BHP, BMY, the DJ-30, EWI, MCD, PAYX, and VFC
  6. Trying to hold some rising trend line support: CBK, ERF, GOOG, IYY, MSCC, OGE, OKE, PTR, and SNA
  7. Trying to hold falling trend line support: KO, PEP, and PHI
  8. Attempting to hold the 28 DMA here: GF and XLU
  9. Up against rising trend line resistance: MDC
  10. Trying to break above some falling trend line resistance: SYY
  11. Attempting to break above the 28 DMA here: ADP
  12. Moderately overbought now: STX
  13. And anything posted here may be off base.

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