Tuesday, March 10, 2009

T.A. update for the open, March 10, 2009.

  1. Yi: -5
  2. Probable bottom here for: $HGX and $SPX
  3. Possible bottom here for: ACF, B, BAC, BBT, CAKE, JOSB, KBE, SUN, URE, UYG, WOR, WSO, WY
  4. Trying to bottom out in this area: $XOI, AXB, AXP, CAKE, ELN, GM, IYY, JASO, KFT, LOW, SPWRA, STX, XOP
  5. Extremely oversold now: AA, ELN, NOK, PEG, QQQQ
  6. Standard oversold: RBS
  7. Moderately oversold: AAPL, AMAT, CSL, IBM
  8. Trying to hold the 65 day moving average: SLW
  9. Trying to break above the 28 day moving average: FXF, LPL, PBY
  10. Moderately overbought now: $WTIC, FCX, GFI, SU
  11. Standard overbought: QID
  12. Anything posted here may be off base.

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