Friday, August 15, 2008

Update based on the closing prices of 8/14/2008.

  1. YI: -1.5
  2. Possible bottom here for FNM
  3. Trying to bottom out in this area: GF
  4. Trying to hold some rising trend line support: The DJ-30, GE, GOOG, IYY, KFT, SUN, and WFC
  5. Trying to hold falling trend line support: EWJ, GF, SNE, and TTH
  6. Attempting to hold the 28 DMA here: BA, BMY, C, KBE, PBCT, UYG, WB, and XLF
  7. Trying to break above some falling trend line resistance: ALEX, MEOH, PCU, SDTH, and T2118
  8. Attempting to break above the 28 DMA here: AAUK, RGLD, and TAN
  9. Up against rising trend line resistance: AAPL
  10. Anything posted here may be off base.

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