Monday, February 23, 2009

T.A. update for the open, February 23, 2009.

  1. Yi: -4.5 (The market is becoming oversold again in this area.)
  2. Possible bottom here for: BBT
  3. Trying to bottom out in this general area: $DJX, $OEX, $SPX, AMAT, AXB, BGF, BMY, CAT, CSIQ, DELL, FSLR, IRF, JASO, KBE, LDK, T, X, XLF
  4. Extremely oversold now: AA, ACAS, AKNS, AXP, C, GM, GPC, TKR, URE, UYG, WHR, WY
  5. Standard oversold: $HGX, $XOI, ACF, AVP, BNI, IDA, IWM, IYY, SUN, TAN, USD, WOR, XOP
  6. Moderately oversold now: $SOX, AAPL, ACH, CLF, ENER, EWA, EXP, LUFK, MCD, MTH, OGE, WSO
  7. Going parabolic: GLD and GTU
  8. Attempting to hold the 28 day moving average here: SSRI and WDC
  9. Attempting to hold the 65 DMA here: TSM
  10. Anything posted here may be off base.

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