Thursday, September 25, 2008

TA update for September 25, 2008.

  1. YI: -3.5 (If the YI can put in a higher low here, some type of rally may be in the cards.)
  2. Trying to bottom out in this area: $IIX, $OEX, AAPL, BA, BMY, GA, PAYX, USD, WDC, WFR, XLU
  3. Extremely oversold: SKS
  4. Standard oversold: MEOH
  5. Moderately oversold: CNK. LDK, MKC, SUN
  6. Attempting to hold the 28 DMA here: $HGX, GIS, KBW, KFT, MMC, MTH, SHLD, WOR, XLF
  7. Attempting to hold the 65 DMA: EXP, GG, JNJ, MCD
  8. Trying to break above the 28 DMA here: BZP
  9. Moderately overbought now: FNM and SPWR
  10. Anything posted here may be off base.

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