Click on the above link for more on this brewing scandal.
Thursday, October 23, 2008
Lee Iacocca gives em' hell!
We need more brave leaders like Lee Iacoca right now! Click on the link above for more.
T.A. Update for Oct. 23, 2008.
- Yi: -3.5
- Probable bottom here for: MEOH and STX
- Trying to bottom out in this area: FXF
- Extremely oversold now: AEM, ASA, CEF, CSL, DELL, GLD, GLW, HMY, PLL, PTR, SHI, SPC, TSM, URE, USD, WHR
- Standard oversold: $GOLD and RGLD
- Extremely overbought: $USD
- Anything posted here may be off base.
Wednesday, October 22, 2008
T.A. Update for Oct. 22, 2008.
- Yi: -1.5
- Trying to hold the 28 DMA here: $VXO
- Trying to break above the 28 DMA: PEG and T
- Moderately overbought now: OGE and SDTH
- Anything posted here may be off base.
Tuesday, October 21, 2008
T.A. Update for Oct. 21, 2008.
- Yi: -0.5
- To buy: $PLAT
- Probable bottom here for: EGO
- Possible bottom here for: $GOLD, CEF, GLD, JASO, PLG, SLV, WGW
- Trying to bottom out in this area: ARM, AXB, BPOP, C, HMY, PPC
- Moderately oversold now: GTU
- Trying to break above the 28 DMA here: GA, GOOG, NOK, PBCT
- Anything posted here may be off base.
Monday, October 20, 2008
T.A. Update for Oct. 20, 2008.
- Yi: -2.5
- Possible bottom here for: ASA and B
- Trying to bottom out in this area: AEM, BMY, BPZ, CLF, CSIQ, CSL, EEFT, EGO, ELN, FXI, GDX, GF, GFI, GG, KGC, KO, LDK, MEOH, MTH, PBW, PBY, PGM, PNRA, SHLD, SUN, TPX, WSO
- Extremely oversold: $XAU
- Standard oversold: BPOP
- Moderately oversold: HMY, IDA, MMC, PHI
- Trying to break above the 28 DMA here: WFC
- Trying to break above the 65 DMA: MBI
- Anything posted here may be off base.
Friday, October 17, 2008
T.A. Update for Oct. 17, 2008.
- Yi: -2.5
- Probable bottom here for: $SOX and $XAU
- Possible bottom here for: $HGX, $IIX, AA, CSL
- Trying to bottom out in this area: $DJX, $SPX, $XOI, ACH, AKNS, AMAT, AVP, BA, BPZ, CAKE, CAT, CBK, FTO, ERIC, CLF, CPSL, CSIQ, CTB, DELL, EEFT, ERIC, ERIE, EWA, EWI, EWJ, EXP, FTO, GE, GLW, GOOG, GPC, IBM, IDA, IFN, IRF, IWM, IYY, JASO, KFT, LDK, LEN, MCD, MKC, NWL, OCR, PAYX, PEG, PEP, PHI, PLL, PTEN, QCOM, QQQQ, ROK, SEED, SHI, SKS, SLV, STX, SU, SYY, TAN, TIE, TKR, TLB, TOT, TSL, TSM, URF, USD, UYG, VFC, WDC, WFR, WHR, WOR, WY, X, XLF, XLU
- Extremely oversold: ABX, ARM, GDX, GFI, GG, KGC, MEOH, NEM, PBY, PGM, SHLD, TPX, WSO
- Standard oversold: BMY, GLD, OGE
- Moderately oversold: $GOLD, ACF, BGF, C, CEF, CREE, DVY, NST, PG, RGLD
- Trying to break above the 65 DMA here: GIS
- Toppy here: $USD and $VIX
- Anything posted here may be off base.
Thursday, October 16, 2008
T.A. Update for Oct. 16, 2008.
- Yi: -4
- Extremely oversold: PEP and WY
- Moderately overbought: WB
- Anything posted here may be off base.
How this bear market compares to others so far.
It's worse than the beginning years of the "great depression" so far. Click on the link above for more.
Wednesday, October 15, 2008
T.A. Update for Oct. 15, 2008.
- Yi: -2.5
- Possible bottom here for: PGM
- Trying to bottom out in this area: ABX
- Standard oversold: GG
- Trying to hold the 28 DMA here: CEF and QID
- Trying to break above the 28 DMA: COGO, CREE, FXI, GA, GLW, GTU, NAT, NTES, PLL, SHI, SPC, T, TSM, V, WFR
- Moderately overbought now: BGF, JNJ, MER
- Anything posted here may be off base.
Tuesday, October 14, 2008
T.A. Update for Oct. 14, 2008.
- Yi: -2.5
- Probable bottom here for: $CRB and $WTIC
- Possible bottom forming here: LMT, NEM, STX
- Trying to bottom out in this area: $XAU, ELN, PBY, SKS
- Extremely oversold: EGO
- Standard oversold: ABX, AEM, GDX, KGC, SLV
- Trying to hold the 28 DMA here: $GOLD and GLD
- Trying to break above the 65 DMA here: BPOP and WSO
- Moderately overbought: HMY
- Anything posted here may be off base.
Monday, October 13, 2008
T.A. Update for Oct. 13, 2008.
- Yi: -4.5
- Probable bottom here for: $HGX, $IIX, $SOX, $SPX, $XOI, AA, ACAS, AMAT, ARM, BGF, BPZ, CAKE, CHK, CLF, CSIQ, DELL, ERIC, EWJ, EXP, FXI, GF, IYY, JASO, MEOH, PTEN, ROK, SLV, STX
- Possible bottom here for: $DJX, AKNS, BA, BAC, BNI, CSL, GM, GOOG, IDA, IFN, KBE, MER, SKS
- Trying to bottom out in this area: AIG, B, BMY, CNK, IWM, KO, LEN, MCD
- Extremely oversold: C, CAT, CBK, CTB, DVY, EEFT, EWA, EWI, FTO, IRF, JNJ, LOW, MBI, OGE, PEG
- Standard oversold: ACF, AVP, ERIE, GIS, GPC, KFT, LMT, LUFK, MKC, PEP
- Trying to break above the 65 DMA here: WSO
- Probable top here for the $VXO
- Anything posted here may be off base.
Friday, October 10, 2008
T.A. Update for Oct. 10, 2008.
- Yi: -5
- Possible bottom here for: CPSL, GLW, UGP, WHR
- Trying to bottom out in this area: ACF, GF, VNBC
- Extremely oversold here: IWM, MOT, PTR, ROK, TSM
- Attempting to break above the 28 DMA: GFI, GG, SLV
- Attempting to break above the 65 DMA: CEF
- Moderately overbought now: ABX and GTU
- Good luck to all today, and of course as is always the case, anything posted here could be way off base.
Thursday, October 9, 2008
T.A. Update for 10/9/2008.
- Yi: -5 (We are deeply oversold here, so some type of bounce is to be expected.)
- Probable bottom here for: $PLAT, $XOI, ACH, CLF
- Possible bottom here for: $CRB, $IIX, $SOX, $SPX, $WTIC, AAPL, AMAT, ARM, BGF, CAKE, CAT, COGO, CPSL, CREE, CSIQ, CTB, DELL, ERIC, EWI, EWJ, EXP, FTO, FXI, GA, GE, IWM, IYY, JASO, LDK, LEN, PBW, PBY, PEG, PTR, QQQQ, STX, T, UYG, WATG, WDC, WGW, X, XLU
- Trying to bottom out in this area: AXB, BNI, CSL, GPC, LOW, MCD, MFE, NWL, PEP, SYY, TOT
- Extremely oversold now: ACAS, DVY, ERIE, GM, GOOG, LUFK, MEOH, MER, VFC
- Standard oversold: $HGX, ACH, BAC, BMY, C, CNK, KBE, KO, LMT, MTH, PNRA, SHLD, WSO
- Moderately oversold now: GIS, MMC, NTES, PAYX, PG
- Attempting to hold the 65 DMA here: USB
- Moderately overbought: $GOLD, GLD, RGLD
- More later. Anything here could be off base.
Wednesday, October 8, 2008
"Edge of the Abyss"
Click on the link above for a good read on how and why we are in such a financial dusaster.
Blood in the Streets. T.A. update for 10/8/2008.
- Yi: -5
- Now in "waterfall declines" or "reverse parabolic arcs", which normally means some type of bottom is getting very close at hand: $CRB, $IIX, $SOX, $SPX, $XOI, AA, AAPL, AMAT, B, BGF, CLF, CSIQ, EWI, FXI, GF, GLW, GOOG, IWM, IYY, JASO, LDK, LUFK, MEOH, MOT, NWL, PBW, PEG, PLL, PTEN, PTR, QQQQ, ROK, SDTH, STX, SU, TAN, TIE, TOT, TSL, UGP, USD, V, WATG, WDC, WFR, X, XLU
- Possible bottom here for: $PLAT, FXF, NOK, SLV
- Trying to bottom out in this area: AEM, CTB, EEFT, EGO, IFN, KGC, SEED
- Extremely oversold now: $WTIC, ASA, COGO, ELN, GE, GFI, IBM, MTH, NEM, T
- Moderately oversold: ACF, ERIE, PEP, PHI, WY
- Trying to hold the 65 DMA here: PBCT
- Extremely overbought now: $USD
- Anything posted here may be off base.
Tuesday, October 7, 2008
Monday, October 6, 2008
T.A. Update for Oct. 7, 2008.
- Yi: -5 (Two days in a row at -5, indicates the market is extremely oversold now)
- Possible bottom here for: B, BNI, CBK, CDE, CLF, CPSL, PGM, SU
- Trying to bottom out in this area: $IIX, $SOX, $XAU, $XOI, AA, AAPL, AMAT, ASA, CAT, CSIQ, ERIC, FTO, NEM, PTEN, X
- Extremely oversold now: $DJX, AKNS, ARM, BA, BGF, BZP, EWA, EWI, EWJ, EXP, FTO, FXI, GLW, IFN, IYY, JASO, LDK, MEOH, MOT, NOK, QQQQ, SDTH, SEED, SKS, STX, SUN, TAN, TIE, TOT, TSL, UGP, USD, UYG, V, WDC, WOR
- Standard oversold: ABX, ACAS, AXB, CAKE, CREE, CSL, EEFT, EGO, GE, GG, GPC, IDA, JNJ, KGC, LEN, LOW, LUFK, MSCC, NAT, NTES, NWL, OGE, PAYX, PEG, PTR, ROK, SPWRA, TPX, TSM, VFC, WHR
- Moderately oversold: $HGX, AVP, C, CNK, DVY, MCD, MTH, NST, OCR, PEP, PLL, SHLD, SYY
- Attempting to hold the 28 DMA here: GIS and USB
- Attempting to hold the 65 DMA: BPOP, KFT, MBI, PG, WY
- Possible top here for the $VXO
- Going parabolic (which usually means a top is near): $VXO and QID
- And as is always the case, anything posted here may be off base.
T.A. update for Oct. 6, 2008.
- Yi: -5
- Trying to bottom out in this area: CLF, FXF, GFI, GG, GLW, IRF, KGC, NOK, PGM, PLL, QCOM, SLV
- Extremely oversold: $CRB, $XAU, AAPL, B, CDE, EGO, ERIC, GDX, MEOH, PPW, SU, TOT, WATG, WFR, X
- Standard oversold: AEM, ASA, BA, BNI, BZP, IBM, IWM, NEM
- Moderately oversold: LMT, MFE, PNRA, TLB, WSO
- Attempting to hold the 28 DMA here: $GOLD, CEF, GLD, RGLD
- Attempting to hold the 65 DMA: ACF, GTU, MMC, RGLD
- Moderately overbought: MER and USB
- Standard overbought: $USD
- Anything posted here may be off base.
Friday, October 3, 2008
T.A. update for Oct. 3, 2008.
- Yi: -4.5
- Standard oversold: COGO
- Trying to hold the 65 DMA: SHLD
- Trying to break above the 28 DMA: CNK and NST
- Moderately overbought now: KFT, KO, PG
- Standard overbought: C
- A break out in either direction is on the way for: PBY
- Anything posted here may be off base.
Thursday, October 2, 2008
Andrew J. Bacevich tells it like it is.
Click on the above link to listen to or read some cold hard reality thinking about our current pathetic situation in this country.
T.A. update for Oct. 2, 2008.
- Yi: -3
- Possible bottom here for: T
- Trying to bottom out in this area are: $PLAT, EGO, NEM, PEG, PPC
- Extremely oversold now: $PLAT
- Moderately oversold: ACF, ASA, ERIE, FXF, GPC, LUFK
- Attempting to hold the 28 DMA here: SLV
- Attempting to hold the 65 DMA: GFI, GLD, SYY, WHR, WSO
- Attempting to break above the 28 DMA: PAYX and TKR
- Anything posted here may be off base.
This is another good read by Jim Kunstler.
Like Abraham Lincoln, Barack Obama will have his hands full of problems.
Wednesday, October 1, 2008
T.A. update for October 1, 2008.
- Yi: -3
- Possible bottom here for: GA
- Trying to bottom out in this area: B, BA, CBK, CDE, CLF, ELN, FXI, JASO, MOT, PBW, ROK, STX, SU, TIE, TOT, UGP, WATG, X
- Extremely oversold now: $IIX, $PLAT, $SOX, $VXO, $XOI, AA, ACH, AMAT, CAT, CSIQ, GF, GM, GOOG, NOK, PG, PTEN, QQQQ, SHI, SKS, SPC, TSL, USD, UYG
- Standard oversold: $CRB, $WTIC, AAPL, AKNS, BGF, CAKE, ERIE, EWA, EWI, FTO, IYY, NEM, PEG, T
- Moderately oversold: $XAU, BNI, CSL, IDA, IRF, IWM, MKC, NAT, NWL
- Attempting to hold the 28 DMA here: ACF, AEM, AVP, BPOP, CREE, GDX, GG, GIS, KFT, PEP, TPX
- Attempting to hold the 65 DMA here: KBE, MCD, NST, OCR, PAYX, PNRA, SYY, VFC
- Moderately overbought now: KBW
- And as is always the case, anything posted here may be off base.
Tuesday, September 30, 2008
T.A. update for Sept. 30, 2008.
- Yi: -4.5
- Extremely oversold now: CLF, CPSL, CSIQ, GA, MEOH, PPC, TAN, WDC, WFR
- Standard oversold: ARM, EXP, LDK, NTES, PBW, QCOM, SDTH, SUN, TIE, V, WOR
- Moderately oversold now: MFE, OGE, SPWR
- Attempting to hold the 28 DMA here: MTH
- Attempting to hold the 65 DMA: DVY, LOW, TLB
- Trying to break above the 28 DMA: $USD
- And as is always the case, anything posted here may be off base.
The Ponzi-Plus Plan
As he says, we must change our ways, nothing else will do. The "American Dream" as we knew it and once lusted after is over, at least in it's current form of massive waste and corruption.
Monday, September 29, 2008
T.A. update for Sept. 29, 2008.
- YI: -2.5
- Trying to bottom out: AIG and TKR
- Extremely oversold: CBK
- Standard oversold: B
- Moderately oversold: CAKE and QCOM
- Attempting to hold the 28 DMA here: $XAU and WSO
- Attempting to hold the 65 DMA: CSL
- Attempting to break above the 28 DMA: IBM and PHI
- Attempting to break above the 65 DMA: GFI
- A break out in either direction is on the way for: STX
- And as is always the case, anything posted here may be off base.
Saturday, September 27, 2008
Friday, September 26, 2008
TA update for September 26, 2008.
- YI: -2.5
- Trying to bottom out in this area: AMAT, MEOH, PEG, PTEN, ROK, SHI, $SOX
- Extremely oversold: X
- Standard oversold: CAT
- Moderately oversold: ALEX, IWM, PAYX, PBCT, UYG
- Attempting to hold the 28 DMA: CDE, DVY, NEM, TLB
- Attempting to hold the 65 DMA: ARM
- Trying to break above the 28 DMA: EWI
- Anything posted here may be off base.
Thursday, September 25, 2008
TA update for September 25, 2008.
- YI: -3.5 (If the YI can put in a higher low here, some type of rally may be in the cards.)
- Trying to bottom out in this area: $IIX, $OEX, AAPL, BA, BMY, GA, PAYX, USD, WDC, WFR, XLU
- Extremely oversold: SKS
- Standard oversold: MEOH
- Moderately oversold: CNK. LDK, MKC, SUN
- Attempting to hold the 28 DMA here: $HGX, GIS, KBW, KFT, MMC, MTH, SHLD, WOR, XLF
- Attempting to hold the 65 DMA: EXP, GG, JNJ, MCD
- Trying to break above the 28 DMA here: BZP
- Moderately overbought now: FNM and SPWR
- Anything posted here may be off base.
Wednesday, September 24, 2008
TA update for September 24, 2008.
- YI: -3
- Moderately oversold now: $USD, KO, SYY
- Attempting to hold the 28 DMA here: MMC, PEP, WHR
- Attempting to hold the 65 DMA: AVP, GPC, IWM, MFE, NWL, PBCT, PG, VFC
- Trying to break above the 28 DMA: $CRB, $WTIC, GIS
- Trying to break above the 65 DMA: EGO
- Moderately overbought now: $XAU, ASA, CDE, GDX, NEM, PMPX
- Anything posted here may be off base.
Tuesday, September 23, 2008
TA update part 2 for September 23, 2008
- Trying to bottom out in this area: PBY
- Standard oversold: SKS
- Attempting to hold the 28 DMA here: PBCT, SYY, VFC, WHR
- Attempting to hold the 65 DMA: PG
- Attempting to break above the 28 DMA here: SU, TOT, $XOI
- Attempting to break above the 65 DMA: NAT
- Moderately overbought at this level: SLV and WY
- Anything posted here may be off base.
TA update part 1 for September 23, 2008.
- YI: -2 (Well what can I say, the Yogi Index zero line acted as an area of resistance for the overall market once again.)
- Attempting to hold the 65 DMA here: IRF
- Attempting to break above the 65 DMA: ACH, CSIQ, EWJ, JASO
- Moderately overbought now: ACAS, AEM, BZP, C, CEF, GDX, GLD
- Toppy here: CSL
- Anything posted here may be off base.
Sunday, September 21, 2008
T.A. update for September 22, 2008.
- YI: 0 (Often the area around the Yogi Index zero line acts as an area of support or resistance for the overall market, so it will be interesting to see what happens next. No guarantees of course.)
- Probable bottom in this area for: $PLAT
- Trying to bottom out in this area: PPC
- Attempting to hold the 28 DMA here: PG
- Attempting to break above the 28 DMA: $OEX, $SPX, BGF, CDE, EWA, EWI, FXI, GOOG, IBM, LDK, LUFK, SUN
- Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, CEF, CNK, LUFK
- Moderately overbought in this area: ACAS, AKNS, ALEX, CAKE, ERIE, IDA, IWM, KBE, KGC, LEN, TPX, WOR
- Standard overbought at this point: BPOP, CREE, DVY, KBW, KFT, NST, PBCT, PNRA, USB, WSO
- Toppy here: RGLD, SHLD, TLB
- And as is always the case, anything posted here may be off base.
Saturday, September 20, 2008
Mentally challenged behavior runs Wall Street these days..
This video will give you some idea of what we are up against these days folks.
Friday, September 19, 2008
Update for September 19, 2008.
- YI: -1.5
- Probable bottom in this area for: GF and SHI
- Possible bottom here for: EWI, GA, STX, T
- Trying to bottom out: ELN, IYY, PHI, PLL, V, WFR, X
- Extremely oversold now: AA, IFN, MOT, ROK, UGP
- Standard oversold: ERIC, MEOH, PEG, XLU
- Moderately oversold: OGE and PAYX
- Attempting to hold the 28 DMA here: $USD and VFC
- Attempting to hold the 65 DMA: GPC, MKC, OCR
- Attempting to break above the 28 DMA here: $XAU, ABX, ASA, GDX, KGC, NEM, SLV, WGW, WHR
- Attempting to break above the 65 DMA: AEM, GLD, EGO
- Moderately overbought now: CREE, GLD, GTU
- Standard overbought: RGLD
- Toppy here: GIS
- Anything posted here may be off base.
Thursday, September 18, 2008
Update for September 18, 2008.
- YI: -4
- Possible bottom here for: PLG and TIE
- Trying to bottom out in this area: ACAS, DELL, SU
- Extremely oversold now: $CRB, EWA, EWI, FXI
- Standard oversold: GE
- Moderately oversold: BMY and COGO
- Attempting to hold the 28 DMA here: BAC, BPOP, DVY, KFT
- Attempting to hold the 65 DMA here: $HGX, KBE, KBW, LOW
- Attempting to break above the 28 DMA: GG
- Anything posted here may be off base.
Wednesday, September 17, 2008
Update Part II for September 17, 2008.
- Possible bottom here for: PTEN and SHI
- Trying to bottom out: MBI, NAT, TIE
- Extremely oversold: WB
- Standard oversold: MOT, PBW, ROK, T, TOT, USD, UYG, V
- Moderately oversold: JNJ, MFE, OGE, PAYX, PLL, SKS
- Attempting to hold the 28 DMA: NWL and PG
- Attempting to hold the 65 DMA: LDK and LMT
- Moderately overbought: RGLD and USB
- Anything posted here may be off base.
Update for September 17, 2008.
- YI: -2
- Possible bottom here for: AMAT
- Trying to bottom out: CAKE, CREE, GE
- Extremely oversold: $OEX, $SOX, $SPX, $VXO, $XOI, AA, AAPL, ACH, C, DELL, FXI, GLW, JASO
- Standard oversold: ACAS, BGF, IFN
- Moderately oversold: BAC, BNI, CNK, EEFT, IWM, IYY
- Attempting to hold the 28 DMA here: ACF
- Attempting to hold the 65 DMA: AVP, BPOP, EXP, GTU, IRF
- Attempting to break above the 28 DMA here: AEM and FXF
- Anything posted here may be off base.
Tuesday, September 16, 2008
Up the creek without a paddle...
We are up the proverbial creek without a paddle, as incompetent American management teams flush us all down the tubes.
- YI: -3.5
- Possible bottom here for: PBY
- Extremely oversold: STX
- Moderately oversold now: PNRA
- Attempting to hold the 28 DMA here: ARM and CBK
- Attempting to hold the 65 DMA: KBW
- Attempting to break above the 28 DMA here: SPC
- Standard overbought: CSL
- Toppy here: PEP, PG, SHLD, SYY
- Anything posted here may be off base.
Monday, September 15, 2008
Update for September 15, 2008.
- YI: -1
- Probable bottom here for: $WTIC
- Possible bottom here for: $CRB, $PLAT, FXI, GF, GLW, SLV, USD, WATG
- Trying to bottom out in this area: BZP, DELL, GA, MOT, NTES, PLG, PTR, ROK, SDTH, WDC
- Extremely oversold now: FXF, SHI, USD, WFR
- Standard oversold: AMAT
- Attempting to hold the 28 DMA here: COGO, LOW, SEED, T
- Attempting to hold the 65 DMA: C and MFE
- Attempting to break above the 28 DMA: LDK
- Moderately overbought now: $VXO, GM, KFT, KO, WSO
- Standard overbought: SHLD and SYY
- Toppy here: SUN
- Anything posted here may be off base.
Friday, September 12, 2008
Update for September 12, 2008.
- YI: -1.5
- Possible bottom here for: $IIX, $SOX, AA, AAPL, AKNS, ASA
- Trying to bottom out in this area: AIG, AMAT, ELN, UGP, WATG
- Extremely oversold: MER, PGM, PLG, PMPX
- Moderately oversold now: B, BA, CREE, KBW, MOT, NTES, WB
- Attempting to hold the 28 DMA here: EEFT, JNJ, LOW, MBI, OGE
- Attempting to hold the 65 DMA here: PHI and XLF
- Attempting to break above the 28 DMA here: WOR
- Moderately overbought now: NST and SUN
- Standard overbought: PEP
- Toppy here: PG
- Anything posted here may be off base.
Thursday, September 11, 2008
Update for September 11, 2008.
- YI: -2.5
- Possible bottom here for: ELN
- Trying to bottom out in this area: $IIX, $SOX, $WTIC, $XAU, AA, ABX, ACH, AEM, CDE, EWA, GFI
- Extremely oversold: DELL and GFI
- Standard oversold: AAPL
- Attempting to hold the 28 DMA here: BPOP and ERIE
- Attempting to break above the 65 DMA: CAKE
- Moderately overbought: $VXO
- Toppy here: CBK
- Anything posted here may be off base.
Wednesday, September 10, 2008
Update
- Possible bottom here for: GFI
- Trying to bottom out in this area: CPSL, GA, GDX, GF, GG, PEG, QCOM, RGLD
- Extremely overold: AEM, AIG, AKNS, ASA, BZP, CLF, CSIQ, GA, GOOG, JASO, NEM, PBW, PTEN, PTR, SU, TAN, TKR, TOT, TSL, WATG, X
- Standard oversold: ELN, EWA, FXI, GTU, NAT, QQQQ, ROK
- Moderately oversold: LUFK, SGP, UGP
- Attempting to hold the 28 DMA: CSY
- Attempting to hold the 65 DMA: LDK, MOT, SPWR
- Attempting to break above the 28 DMA: KO
- Attempting to break above the 65 DMA: NTES
- Moderately overbought now: MCD, TPX
- Standard overbought: CBK, TLB
- Toppy: QID
- Anything posted here may be off base.
Update for September 10, 2008.
- YI: -3
- Probable top here for: $USD
- More later. Anything posted here may be off base.
Tuesday, September 9, 2008
Update for September 9, 2008.
- YI: -1.5
- Trying to bottom out here: $XOI, AAPL, ACH, CAT, GLW, NOK, SHI, TKR, TOT, WFR, XLU
- Extremely oversold: $CRB and $WTIC
- Standard oversold: $IIX and PEG
- Moderately oversold: QCOM
- Attempting to hold the 28 DMA here: LDK, NTES, TIE
- Attempting to hold the 65 DMA: PAYX
- Attempting to break above the 65 DMA here: $DJX, ACAS, HMC, WM
- Standard overbought at this point: PBCT
- Anything posted here may be off base.
Monday, September 8, 2008
Update for September 8, 2008.
- YI: -3
- Trying to bottom out in this area are: AKNS, ASA, BA, BZP, CSIQ, DELL, EWI, EWJ, FXI, GLD, IFN, JASO, NEM, PPW, PTEN, PTR, STX, SU, TSL, TSM, USD, WDC, WGW, WOR
- Extremely oversold now: $XAU, AA, ABX, ACH, GDX, GG, GLW, NOK, TOT, WFR
- Standard oversold: $XOI, AMAT, CLF, EWA
- Moderately oversold: $DJX, $IIX, $OEX, $SOX, $SPX, $VXO, BNI, CSY, GE, IYY, MSCC, PLL, QQQQ, ROK, TAN, TIE, UGP, V, WATG, WSO
- Attempting to hold the 28 DMA here: B, CREE, CSL, GPC, IWM, JNJ, KBW, OCR, T, WHR, WY
- Attempting to hold the 65 DMA: CPSL, MCD, SDTH
- Moderately overbought now: QID
- Anything posted here may be off base.
Friday, September 5, 2008
Update for September 5, 2008.
- YI: -3.5
- Possible bottom in this area for: $WTIC and WDC
- Trying to bottom out: $CRB, $PLAT, CEF, ELN, FXF, SLV
- Extremely oversold: WGW
- Standard oversold: BZP, CAT, DELL, PTEN, TSL, WOR
- Moderately oversold now: ALEX, CNK, IDA, QCOM, RGLD, TKR
- Attempting to hold the 28 DMA here: NTES, PHI, SPWR
- Moderately overbought now: PLG
- Standard overbought: NWL
- Toppy here: ACF, LOW, VFC
- Anything posted here may be off base.
Thursday, September 4, 2008
Update for September 4, 2008.
- YI: -2
- Trying to bottom out in this area: KO
- Extremely oversold now: CDE, GFI, SLV
- Oversold: $CRB, $WTIC, IBM, TOT, WDC, X
- Moderately oversold: AAPL, ELN, MEOH, SU, UGP
- Attempting to hold the 28 DMA here: ARM, MOT, SUN
- Attempting to hold the 65 DMA: LUFK and RGLD
- Attempting to break above the 28 DMA here: WM
- Attempting to break above the 65 DMA: CAKE (Corrected from yesterday.), MER, PLG, UYG
- Moderately overbought now: CSL, CSY, PBY, WHR
- Overbought: $HGX and EEFT
- Possible top here for: $USD
- Toppy here: CBK and WY
- Anything posted here may be off base.
Wednesday, September 3, 2008
Update for September 3, 2008.
- YI: -1.5
- Trying to bottom out: PPC, STX, VNBC
- Moderately oversold: KO
- Attempting to hold the 28 DMA here: GIS, KFT, WFR
- Attempting to hold the 65 DMA: B and CAKE
- Attempting to break above the 65 DMA here: BA, IFN, V, WM
- Moderately overbought now: $PLAT, BAC, BNI, BPOP, C, ERIE, EXP, LEN, SHLD, USB, XLF
- Toppy here: $HGX, MBI, MTH, TLB
- Anything posted here may be off base.
Tuesday, September 2, 2008
Update for September 2, 2008.
- YI: -1
- Trying to bottom out: GA
- Attempting to hold the 28 DMA here: AKNS, ALEX, CNK
- Attempting to hold the 65 DMA: IRF, IYY, PBY
- Attempting to break above the 28 DMA here: $VXO, AA, BAC, BGF, CAKE, GF, SHI
- Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, B, C, CLF, ERIE, LEN, PBW, T, TSL, UYG, WB, XLF
- Moderately overbought: $HGX, ACF, CBK, COF, CREE, CSY, DVY, EEFT, IWM, KBE, KBW, MER, NST, PBCT, SKS, TPX, WSO, WY
- Overbought: MBI
- Toppy here: LDK, MFE, OCR, VFC
- Anything here may be off base.
Friday, August 29, 2008
Update for August 29, 2008.
- YI: 0
- Possible bottom here for: UN and WM
- Trying to bottom out in this area are: CDE, EWJ, GE, GOOG
- Oversold: PPC
- Moderately oversold: BMY
- Attempting to hold the 65 DMA here: PBY
- Attempting to break above the 28 DMA: $WTIC, $XAU, ACH, EWA, FXI, GDX, GG, GTU, NEM, PLG
- Attempting to break above the 65 DMA here: BPOP, ERIC, PTR, SEED, SU, XLF
- Moderately overbought now: EXP, FTO, PEG, RGLD
- Toppy here: DELL
- Anything posted here may be off base.
Thursday, August 28, 2008
Update for August 28, 2008.
- YI: -1
- Possible bottom here for: MER
- Trying to bottom out in this area: CAKE, EWI, UN
- Attempting to hold the 28 DMA here: $IIX, CSL, GLW, KFT, KO, PEP, PHI, PNRA
- Attempting to break above the 28 DMA: $CRB
- Moderately overbought now: AEM, ERIC, PTEN, SUN, TLB, XLU
- Possible top here for: CNK
- More later. Anything posted here may be off base.
Wednesday, August 27, 2008
Update for August 27, 2008.
- YI: -2
- Possible bottom here for: AIG
- Trying to bottom out now: BGF, CMG, FTO, TOT, WB, WOR, X
- Moderately oversold: NAT, SGP, WATG
- Attempting to hold the 28 DMA here: $HGX, $SOX, $XOI, AMAT, IDA, MCD, NWL, PAYX, QCOM, ROK, SDTH, STX, UDS, WHR
- Moderately overbought: CPSL
- Toppy here: CNK and ELN
- Anything posted here may be off base.
Tuesday, August 26, 2008
Update for August 26, 2008.
- YI: -2.5
- Extremely oversold: SPC
- Oversold: TLB
- Moderately oversold: TKR and WB
- Trying to hold the 28 DMA here: B, COGO, IWM, QQQQ, SHLD
- Moderately overbought: BNI, CREE, EEFT, PBW, PPC
- Toppy here: GIS, MMC, NST, NTES, OCR
- Anything posted here may be off base.
Sunday, August 24, 2008
Update for August 25, 2008.
- YI: -1
- Trying to bottom out in this area are: AIG, C, EBAY, IFN, TLB
- Moderately oversold at this point: HMC and NAT
- Attempting to hold the 28 DMA here: CSY, GOOG, IWM, KO, SUN, TKR, WATG
- Attempting to break above the 28 DMA here: $CRB, $WTIC, AEM, AKNS, CLF, PEG
- Moderately overbought now: GCX, NEM, TSL
- Toppy here: LDK, OCR, OGE
- Anything posted here may be off base.
Friday, August 22, 2008
Update for August 22, 2008.
- YI: -2
- Trying to bottom out in this area: ACF, EWI, GA, GM, MER, SEED, T, UYG, WM, and XLF
- Extremely oversold now: FNM
- Oversold: EBAY
- Moderately oversold: CAT, CMG, GOOG, IBM, KBE, NAT, PLL, WSO
- Attempting to hold the 28 DMA here: CNK, IYY, MCD, MKC, MSCC, NWL, PBCT, SHLD, TPX, TSM, USD
- Attempting to break above the 28 DMA here: PTEN, RGLD, XLU
- Moderately overbought now: CLF, CSIQ, EXP, JASO, NST, SU, TAN
- Overbought: LDK, NTES
- Anything posted here may be off base.
Thursday, August 21, 2008
Update
- YI: -2.5
- Trying to bottom out: $PLAT, AIG, GF
- Extremely oversold: EWI
- Moderately oversold: BA, BAC, C, ERIC, GA, HMC
- Attempting to hold the 28 DMA here: $DJX, IIX, OEX, SOX, ACAS, ALEX, B, BPOP, CAKE, CBK, DVY, ERIE, GE
- Moderately overbought: BZP
- More later. Anything posted here may be off base.
Wednesday, August 20, 2008
Update for August 20, 2008.
- YI: -3
- Trying to bottom out in this area: $CRB, $WTIC, XAU, XOI, GDX, GG, NOK, PEG, PTR, SHI, SLV, X
- Attempting to hold the 28 DMA here: $SPX, TKR, USB, WOR, WSO
- Overbought: SPWR
- Toppy here: LMT, MBI, NTES
- Anything posted here may be off base.
Tuesday, August 19, 2008
Update for August 19, 2008.
- YI: -2
- Trying to bottom out: CDE, EWA, EWI, EWJ, TOT
- Extremely oversold: FXF, SLV
- Oversold: SHI
- Trying to hold the 28 DMA here: KBW, $SPX, SUN
- Moderately overbought: ALEX, B, COGO, EEFT, ELN, LDK, LOW, NST, PBY, SDTH
- Overbought: IRF, OGE
- Toppy here: $USD, ADP, ARM, CSL, CSY, KFT, MBI, PAYX
- A break out either way is on the way for: SGP
- Anything posted here may be off base.
Monday, August 18, 2008
Update for August 18, 2008.
- YI: -1
- Trying to bottom out: NYB
- Moderately oversold: TLB
- Trying to hold some rising trend line support: RGLD
- Trying to hold falling trend line support: GG and TOT
- Trying to break above some falling trend line resistance: CAT, GOOG, SVU, T, TSM, TTH, and V
- Attempting to break above the 28 DMA: GA
- Up against rising trend line resistance: IWM
- Moderately overbought: CSY, NAT, and PPW
- Overbought: PAYX and QQQQ
- Toppy: WATG
- Anything posted here may be off base.
Friday, August 15, 2008
Update based on the closing prices of 8/14/2008.
- YI: -1.5
- Possible bottom here for FNM
- Trying to bottom out in this area: GF
- Trying to hold some rising trend line support: The DJ-30, GE, GOOG, IYY, KFT, SUN, and WFC
- Trying to hold falling trend line support: EWJ, GF, SNE, and TTH
- Attempting to hold the 28 DMA here: BA, BMY, C, KBE, PBCT, UYG, WB, and XLF
- Trying to break above some falling trend line resistance: ALEX, MEOH, PCU, SDTH, and T2118
- Attempting to break above the 28 DMA here: AAUK, RGLD, and TAN
- Up against rising trend line resistance: AAPL
- Anything posted here may be off base.
Thursday, August 14, 2008
Update based on the closing prices of August 13, 2008.
- YI: -2
- Possible bottom here for: AA
- Trying to bottom out in this area: ACH, FXI, MER, and XPLT
- Trying to hold some rising trend line support: ADP, BPOP, DVY, EXP, MCD, and TLB
- Trying to hold falling trend line support: IFN and UGP
- Attempting to hold the 28 DMA here: BAC and IBM
- Trying to break above some falling trend line resistance: CPSL and CY
- Attempting to break above the 28 DMA here: CSIQ, NST, STX, and the VXO
- Moderately overbought now: HMC, IDA, and WATG
- Toppy here: MSCC, PEP, and PG
- Anything posted here may be off base.
Wednesday, August 13, 2008
Update based on the close of August 12, 2008.
- YI: -1.5
- Possible bottom here for: ASA
- Trying to bottom out in this area: ABX and QID
- Extremely oversold: BHP, GFI, GG, GLD, PCU, and XSLV
- Oversold: OKE
- Trying to hold some rising trend line support: LEN and MEOH
- Trying to hold falling trend line support: PTR
- Trying to break above some falling trend line resistance: AAPL, ACAS, BPOP, GOOG, HON, PBW, PEG, SPWR, TPX, TSL, and WFR
- Attempting to break above the 28 DMA here: GM, T, TTH, and V
- Moderately overbought now: BPOP, IYY, NWL, and T2118
- Overbought: IWM, SEE, and WHR
- Possible top here for: QQQQ
- Toppy at this point: JNJ
- Anything posted here may be off base.
Monday, August 11, 2008
Update based on the close of August 11, 2008.
- YI: -0.5
- Trying to bottom out: BGF, FNM, and SEED
- Extremely oversold: AEM and TOT
- Oversold: AAUK, ASA, and TAN
- Moderately oversold: MEOH and NAT
- Trying to hold falling trend line support: ASA and PCU
- Attempting to hold the 28 DMA here: SPWR
- Trying to break above some falling trend line resistance: C, CBK, DVY, EWJ, GPC, IDA, NWL, PAYX, PHI, SVU, SYY, and XLF
- Attempting to break above the 28 DMA here: GOOG and SNE
- Moderately overbought now: AAPL, ALEX, AMAT, BA, BMY, the DJ-30, GE, GPC, the IIX index, JCP, TSM, and VFC
- Standard overbought: MCD, MTH, and PEP
- Extremely overbought: GIS
- Toppy here: ARM and SUN
- A break out in either direction is on the way for: CPSL and TSL
- Anything posted here may be off base.
Saturday, August 9, 2008
Update based on the August 8, 2008 EOD prices.
- YI: -1.5
- Possible bottom here for: T
- Oversold: PEG
- Moderately oversold: FXI and RGLD
- Trying to hold some rising trend line support: ACAS, CY, MEOH, and PDS
- Trying to hold falling trend line support: AA, AEM, BHP, and OKE
- Attempting to hold the 28 DMA here: PTR, TLB, and WY
- Up against rising trend line resistance: MCD
- Trying to break above some falling trend line resistance: ALEX, OGE, STX, and WSO
- Overbought: CNK
- Anything posted here may be off base.
Thursday, August 7, 2008
Update based on the close of August 7, 2008.
- YI: -3
- Oversold: GLD
- Moderately oversold: QID
- Trying to hold falling trend line support: AKNS, EWJ, PDS, and XSLV
- Attempting to hold the 28 DMA here: RGLD
- Trying to break above some falling trend line resistance: AAUK, CSIQ, GF, GOOG, PEP, TPX, TSL, TSM, and VFC
- Attempting to break above the 28 DMA here: JASO
- Moderately overbought now: MSCC, QQQQ, and the VXO
- Overbought: JNJ
- Possible top here for: GIS
- Anything posted here may be off base.
Update based on the close of August 6, 2008.
- YI: -1.5
- Possible bottom here for: ACH
- Trying to bottom out: The XAU index, AEM, ASA, B, BZP, EEFT, EWA, GDX, GFI, GG, GLD, PMPIX, SLV, SU, and TOT
- Extremely oversold: ABX
- Oversold: CRB index and WTIC
- Moderately oversold: CLF and MEOH
- Attempting to hold the 28 DMA here: SHI
- Trying to break above the 28 DMA here: AAPL, ALEX, BA, CAKE, EWI, and RGLD
- Moderately overbought now: DJX, OEX, SPX, ADP, AIG, BMY, C, CBK, CSL, DVY, ERIE, GPC, IFN, IWM, KBE, KBW, KO, LOW, MOT, NTES, NWL, PBCT, PG, PHI, ROK, SEE, SGP, USB, UYG, and WB
- Overbought: ARM, DELL, HIT, MCD, MMC, and OCR
- Extremely overbought: AVP
- Toppy: CNK and KFT
- Anything posted here may be off base.
Wednesday, August 6, 2008
Update based on the August 5, 2008 close.
- YI: -2
- Possible bottom here for: GOOG
- Trying to bottom out in this area: AA, AAPL, BGF, CAT, EWJ, SKS, T, TSM, WDC, and XLU
- Extremely oversold: ACH, BZP, and PCU
- Oversold: EWA and TOT
- Moderately oversold: CSTR, PBW, and X
- Attempting to hold the 28 DMA here: FTO, LUFK, MDC, and SPWR
- Attempting to break above the 28 DMA: AMAT
- Moderately overbought: PNRA and WY
- Anything posted here may be off base.
Tuesday, August 5, 2008
Update based on the August 4, 2008 close.
- YI: -4
- Trying to bottom out now: GM
- Oversold: ABX and GFI
- Trying to hold falling trend line support: AA
- Attempting to hold the 28 DMA here: BMY and GE
- Trying to break above some falling trend line resistance: IFN
- Moderately overbought now: SEE
- Anything posted here may be off base.
Monday, August 4, 2008
Friday, August 1, 2008
Update based on the close of July 31, 2008.
- YI: -3
- Moderately oversold: BGF
- Trying to hold some rising trend line support: IDA, NWL, and the VXO
- Trying to break above some falling trend line resistance: AAPL, ADP, AIG, AMAT, BAC, LEN, PG, SEE, S&P-500, USB, WB, WFC, and XSLV
- Attempting to break above the 28 DMA here: AA, AKNS, and TAN
- Moderately overbought: KFT, OGE, and SUN
- Standard overbought: AVP
- Toppy: QCOM
- Anything posted here may be off base.
Thursday, July 31, 2008
Update
- YI: -2
- Possible bottom here for: AEM
- Trying to bottom out now: PDS
- Moderately oversold at this point: ABX, GLD, and HMC
- Trying to hold some rising trend line support: FRO and RGLD
- Trying to hold falling trend line support: ASA and GG
- Up against rising trend line resistance: WHR
- Trying to break above some falling trend line resistance: ACH, BPOP, CY, DVY, EBAY, FCX, IWM, KBE, PBCT, PTR, SPWR, and TKR
- Attempting to break above the 28 DMA here: BHP, CAT, the IIX index, and JASO
- Moderately overbought now: MEOH and TLB
- Standard overbought: LUFK
- Anything posted here may be off base.
Wednesday, July 30, 2008
Update for July 30, 2008.
- YI: -3.5
- Possible bottom here for: ACH and AMAT
- Trying to bottom out in this area: BA, GF, GM, MER, and PEG
- Standard oversold at this point: AAPL, TSL, and TSU
- Moderately oversold here: UGP
- Trying to hold some rising trend line support: EWJ and GLD
- Trying to hold falling trend line support: ADP, AIG, BMY, IFN, KO, SNE, SYY, T, TTH, and UGP
- Attempting to hold the 28 DMA here: C, GE, GPC, KBE, MTH, and PAYX
- Up against rising trend line resistance: NAT
- Trying to break above some falling trend line resistance: ARM, AVP, and JASO
- Trying to breakn above the 28 DMA here: QQQQ
- Anything posted here may be off base.
Tuesday, July 29, 2008
Update based on the close of July 28, 2008.
- YI: -5
- Trying to bottom out: OKE
- Moderately oversold: NST
- Trying to hold some rising trend line support: EXP and GIS
- Trying to hold falling trend line support: FNM
- Attempting to hold the 28 DMA here: DVY and PTR
- Trying to break above some falling trend line resistance: AA, AAUK, T2118, and the XOI index.
- Moderately overbought: BGF and NAT
- Standard overbought: QCOM
- Toppy here: MKC
- A break out either way is on the way for: V
- Anything posted here may be off base.
Monday, July 28, 2008
Update based on the close of July 25, 2008.
- YI: -3.5
- Trying to bottom out: AA, AEM, CSIQ, SVU, and TOT
- Extremely oversold: XPLT
- Standard oversold: PCU and PDS
- Moderately oversold now: ADP, ASA, and UGP
- Trying to hold some rising trend line support: BPOP, CBK, GE, NYB, V, and WB
- Trying to hold falling trend line support: AAUK, ALEX, AMAT, BHP, FCX, JASO, LEN, and WFR
- Attempting to hold the 28 DMA here: AIG, CY, MCD, MDC, and SPWR
- Trying to break above some falling trend line resistance: CNK, MSCC, PHI, and XPLT
- Attempting to break above the 28 DMA here: VXO
- Anything posted here may be off base.
Friday, July 25, 2008
Update based on the close of July 24, 2008.
- YI: -4
- Standard oversold: AEM and ERF
- Moderately oversold: GG
- Trying to hold falling trend line support: ERF and XSLV
- Attempting to hold the 28 DMA here: ABX, GFI, GLD, and QID
- Up against rising trend line resistance: JNJ
- Trying to break above some falling trend line resistance: NST, SNE, and TLB
- Attempting to break above the 28 DMA here: EWJ, EXP, and KO
- Moderately overbought: HMC, PEP, PG, PHI, SEE, SNA, and WFC
- Toppy: WSO
- Anything posted here may be off base.











