Thursday, August 13, 2009

T.A. update for the open, August 13, 2009.

  1. Yi: +4.5
  2. If we do get another rally phase in here, this should be the last one before a correction or resumption of the bear market begins.
  3. Trying to bottom out here: BPOP, TIE, WFR
  4. Moderately oversold now: ABX, BPZ, CNK, GA, GDX, GG, NEM, SU
  5. Attempting to hold the 65 day: AEM, CLF, ERIC, KO, LDK, MBI, PTEN, PTR, SU
  6. Attempting to hold the 28 day: $SOX, CPSL, HCBK, PTR, RJA
  7. Moderately overbought now: $DJW-weekly
  8. Standard overbought: SDTH
  9. Anything posted here may be off base.

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