Wednesday, August 6, 2008

Update based on the August 5, 2008 close.

  1. YI: -2
  2. Possible bottom here for: GOOG
  3. Trying to bottom out in this area: AA, AAPL, BGF, CAT, EWJ, SKS, T, TSM, WDC, and XLU
  4. Extremely oversold: ACH, BZP, and PCU
  5. Oversold: EWA and TOT
  6. Moderately oversold: CSTR, PBW, and X
  7. Attempting to hold the 28 DMA here: FTO, LUFK, MDC, and SPWR
  8. Attempting to break above the 28 DMA: AMAT
  9. Moderately overbought: PNRA and WY
  10. Anything posted here may be off base.

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