Monday, August 11, 2008

Update based on the close of August 11, 2008.

  1. YI:  -0.5
  2. Trying to bottom out: BGF, FNM, and SEED
  3. Extremely oversold: AEM and TOT
  4. Oversold: AAUK, ASA, and TAN
  5. Moderately oversold: MEOH and NAT
  6. Trying to hold falling trend line support: ASA and PCU
  7. Attempting to hold the 28 DMA here: SPWR
  8. Trying to break above some falling trend line resistance: C, CBK, DVY, EWJ, GPC, IDA, NWL, PAYX, PHI, SVU, SYY, and XLF
  9. Attempting to break above the 28 DMA here: GOOG and SNE
  10. Moderately overbought now: AAPL, ALEX, AMAT, BA, BMY, the DJ-30, GE, GPC, the IIX index, JCP, TSM, and VFC
  11. Standard overbought: MCD, MTH, and PEP
  12. Extremely overbought: GIS
  13. Toppy here: ARM and SUN
  14. A break out in either direction is on the way for: CPSL and TSL
  15. Anything posted here may be off base.

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