Thursday, July 31, 2008

Update

  1. YI: -2
  2. Possible bottom here for: AEM
  3. Trying to bottom out now: PDS
  4. Moderately oversold at this point: ABX, GLD, and HMC
  5. Trying to hold some rising trend line support: FRO and RGLD
  6. Trying to hold falling trend line support: ASA and GG
  7. Up against rising trend line resistance: WHR
  8. Trying to break above some falling trend line resistance: ACH, BPOP, CY, DVY, EBAY, FCX, IWM, KBE, PBCT, PTR, SPWR, and TKR
  9. Attempting to break above the 28 DMA here: BHP, CAT, the IIX index, and JASO
  10. Moderately overbought now: MEOH and TLB
  11. Standard overbought: LUFK
  12. Anything posted here may be off base.

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