Wednesday, March 4, 2009

Late morning update for March 4, 2009.

  1. Possible bottom here for: NM, NOK, OCR, PAYX, PLL, QQQQ, SEED, SPWRA, TAN, TKR, WOR, X
  2. Trying to bottom out in this general area: MOT, MTH, OGE, PBW, PBY, PG, PTEN, SSRI, SUN, SWK, SYY, TIE, TPX, USD, UYG, VFC, WY, XLF, XLU
  3. Extremely oversold at this level: MOT, PG, ROK, TPX, WHR, XLU
  4. Standard oversold now: MTH, OGE, PEG
  5. Trying to hold the 65 day moving average: NEM
  6. Anything posted here may be off base.

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