Wednesday, July 16, 2008

Update

  1. YI: -4.5
  2. Possible bottom here for: MER, SNE, S&P-500, T2118, and WY
  3. Trying to bottom out: ACH, GF, JCP, TKR, and V
  4. Extremely oversold: FNM and SUN
  5. Standard oversold: AAUK, TSM, and WFR
  6. Moderately oversold: TLB
  7. Trying to hold some rising trend line support: AEM, BHP, and MMC
  8. Trying to hold falling trend line support: AAPL, ERF, HON, PDS, and TTH
  9. Up against rising trend line resistance: BMY
  10. Trying to break above some falling trend line resistance: ACAS, DJ-30, PBCT, PEP, and UYG
  11. Attempting to break above the 28 DMA here: PG and TSU
  12. Moderately overbought: GFI
  13. Standard overbought: MKC
  14. Anything here may be off base.

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