Thursday, August 14, 2008

Update based on the closing prices of August 13, 2008.

  1. YI: -2
  2. Possible bottom here for: AA
  3. Trying to bottom out in this area: ACH, FXI, MER, and XPLT
  4. Trying to hold some rising trend line support: ADP, BPOP, DVY, EXP, MCD, and TLB
  5. Trying to hold falling trend line support: IFN and UGP
  6. Attempting to hold the 28 DMA here: BAC and IBM
  7. Trying to break above some falling trend line resistance: CPSL and CY
  8. Attempting to break above the 28 DMA here: CSIQ, NST, STX, and the VXO
  9. Moderately overbought now: HMC, IDA, and WATG
  10. Toppy here: MSCC, PEP, and PG
  11. Anything posted here may be off base.

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