Friday, February 27, 2009

T.A. update for the open, February 27, 2009.

  1. Yi: -4.5
  2. Trying to bottom out in this area: ABX and AVP
  3. Standard oversold now: FSLR and SYY
  4. Moderately oversold now: $VIX, $XAU, CNK, KGC, SHI, UGA
  5. Trying to hold the 28 DMA here: $VXO, GLD, SSRI
  6. Trying to hold the 65 DMA: $XAU, ASA, CNK
  7. Trying to break above the 28 DMA: $SOX, CAKE, CHK, EXP, GLW
  8. Trying to break above the 65 DMA: $SOX, AEM, CAKE, CHK, EXP, SU, WFR
  9. Moderately overbought now: $USD and FCX
  10. A break out in either direction is on the way for: STX
  11. Anything posted here may be off base.

Thursday, February 26, 2009

Late afternoon update, Feb. 26, 2009.

  1. Trying to bottom out in this area: MFE, PLG, TIE
  2. Standard oversold now: LMT
  3. Moderately oversold: KGC and RGLD
  4. Attempting to hold the 28 day moving average here: SLV
  5. Attempting to break above the 28 DMA: KBE, MEOH, SKS, T, USB, WFC, WSO, WY, XLF
  6. Attempting to break above the 65 DMA: MKC, STX, USD
  7. Anything posted here may be off base.

T.A. update for the open, February 26, 2009.

  1. Yi: -4
  2. Possible bottom here for: $DJW
  3. Trying to bottom out in this area: BGF, ELN, EWI, EWJ, GE
  4. Moderately oversold now: $NYA50R weekly chart, ABX, AVAV
  5. Attempting to hold the 28 DMA here: ACH, ASA, EGO, GG
  6. Attempting to hold the 65 DMA here: $XAU and F
  7. Attempting to break above the 28 DMA here: BAC and BBT
  8. Attempting to break above the 65 DMA here: AMAT
  9. Anything posted here may be off base.

Wednesday, February 25, 2009

Noon update for Feb. 25, 2009.

  1. Possible bottom in this area for: CPSL, CSIQ, CTB, EWI, EWJ, FRO, GE, GF
  2. Trying to bottom out here: CSCO, DDM, DVY, ERIE, GIS, GPC, IWM, IYY, KFT, LUFK, MMC, OGE, PAYX, PG, PLL, PTEN, QQQQ, ROK, SU, TTKR, USD, UYG, WSO, XLU, XOP
  3. Standard oversold at this point: MBI, OGE, PLG, PLL
  4. Moderately oversold: COGO, CREE, SWK, TPX, TSL
  5. Attempting to hold the 28 day moving average: CNK, GDX, GFI, NEM, PGM, SLW, STX, WGW
  6. Attempting to hold the 65 day moving average: CSL, ERIC, GG, RGLD, SSRI
  7. Attempting to break above the 28 day moving average: GM, LEN, MSCC
  8. Attempting to break above the 65 day moving average: EEFT and F
  9. A break out in either direction is on the way for: PHI
  10. Anything posted here may be off base.

T.A. update for the open, February 25, 2009.

  1. Yi: -3.5 (So once again, the -5 Yi area proved to be an area of support for the stock market.)
  2. Probable bottom here for: ACAS, AKNS, BPOP
  3. Possible bottom in this area for: $CRB, $OEX, $XOI, AA, AVP, AXB, AXP, BMY, CAT
  4. Trying to bottom here: AAPL, ACF, ARM, BA, BNI
  5. Extremely oversold now: $DJX and B
  6. Moderately oversold: ACH, CHK, CLF
  7. Attempting to hold the 65 day moving average: AVAV
  8. Standard overbought at this level: The $GOLD weekly chart.
  9. More later if the time is available. Anything posted here may be off base.

Tuesday, February 24, 2009

Early afternoon update for Feb. 24, 2009.

  1. Trying to bottom out in this area: EXP, FRO, GF, GLW, IFN, LOW, MTH, NM, PBW, PLL, SUN, WHR, WY
  2. Extremely oversold here: EWI, LDK, TAN, TKR, USD, WOR, X
  3. Standard oversold at this point: GF, KFT, LUFK, MCD, MMC, PBW, SEED, SWK, TIE, TSL, XLU
  4. Moderately oversold now: IBM, MFE, MKC, MSCC, NAT, NST, PLL, QCOM, QQQQ, SPWRA, STX, SYY, TOT
  5. Trying to hold the 28 day moving average here: FCX, NTES, VFC, WATG
  6. Trying to hold the 65 day moving average: IBM, KGC, SHI, UGP, WDC
  7. Trying to break above the 65 DMA here: F and PNRA
  8. Trying to break above the 65 DMA: QID and SDTH
  9. Anything posted here may be off base.

T.A. update for the open, February 24, 2009.

  1. Yi: -5
  2. Trying to bottom out in this area: $HGX, BAC, C
  3. Standard oversold: $HGX and ELN
  4. Now trying to hold the 28 DMA: $USD
  5. Trying to hold the 65 DMA: CBK
  6. More later. Anything posted here may be off base.

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.

Friday, February 20, 2009

P/E ratio volatility channel for the US stock market.

According to previous bear market lows, we may have further to go on the downside before a real recovery begins.

Very interesting read from Dmitry Orlov about our potential future.

Please click on the link above.

Late afternoon update, Feb. 20, 2009.

  1. Trying to bottom out in this area: IDA
  2. Extremely oversold now: BAC, CAT, CSIQ, DELL, DVY, FRO, KBE, LDK, LOW, NM, NOK, NWL
  3. Standard oversold: AXB, BA, CSCO, DDM, IFN, JASO, LEN, MTH
  4. Moderately oversold: BGF, ERIE, EXP, IWM, JOSB
  5. Attempting to hold the 28 DMA here: CNK, CREE, GOOG, OCR
  6. Attempting to hold the 65 DMA: GLW
  7. Attempting to break above the 28 DMA: B
  8. A break out in either direction is on the way for: GA
  9. Anything posted here may be off base.

T.A. update for the open, February 20, 2009.

  1. Yi: -4
  2. Probable bottom here for: ARM
  3. Trying to bottom out in this area: $CRB, $WTIC, $XEU, $XOI
  4. Extremely oversold now: $CRB
  5. Attempting to hold the 28 DMA here: ACH
  6. Attempting to hold the 65 DMA here: $IIX
  7. Possible top here for: $GOLD
  8. Toppy at this point: $PLAT, $USD, $XAU
  9. More later. Anything posted here may be off base.

Thursday, February 19, 2009

Late afternoon update, Feb. 19, 2009.

  1. Trying to bottom out in this area: C, CAKE, EEFT, EWI, EWJ, FRO, GIS, IFN, IYY, JASO, PTR, SKS, SU, UGA
  2. Extremely oversold: PTEN, USB, WFC
  3. Standard oversold: C, FXF, LOW, T, X
  4. Moderately oversold: BMY, OGE, PBW, PEG, PNRA, TIE, UGA, WOR, XLU, XOP
  5. Attempting to hold the 65 day moving average: CBK, CHK, CLF, IRF, QQQQ, SPWRA, TPX, VFC
  6. Trying to break above the 28 day moving average: PBY
  7. Trying to break above the 65 day moving average: MBI and PEP
  8. Standard overbought: HMY and WGW
  9. Toppy here: GDX, GFI, PGM, SLV
  10. Anything posted here may be off base.

T.A. update for the open, February 19, 2009.

  1. Yi: -3.5
  2. Standard oversold: $DJW, $DJX, $OEX, $SPX, $XEU, AMAT, AXP, B
  3. Moderately oversold now: $XOI, AVP, BA
  4. Attempting to hold the 28 day moving average here: $IIX, ABX, AEM
  5. Attempting to hold the 65 DMA: $SOX, AAPL, ACH
  6. Attempting to break above the 65 day moving average here: $VIX and the $VXO
  7. Standard overbought now: $GOLD, $PLAT, $USD
  8. Toppy here: ASA
  9. More later if I have the time. Anything posted here may be off base.

Wednesday, February 18, 2009

Late day update, Feb, 18, 2009.

  1. Trying to bottom out in this area: F and FXF
  2. Standard oversold now: CSIQ, DVY, EEFT, EWI, EWJ, FRO, GE
  3. Moderately oversold: CSCO, EWA, FXI, GF
  4. Attempting to hold the 28 day moving average: FCX, GLW, GOOG
  5. Attempting to hold the 65 DMA: ENER, EXP, FSLR
  6. Standard overbought now: GFI
  7. Toppy here: CEF and GG
  8. Anything posted here may be off base.

T.A. update for the open, February 17, 2009.

  1. Yi: -3.5
  2. Extremely oversold now: BBT
  3. Attempting to hold the 28 day moving average here: COGO
  4. Toppy here: CEF
  5. More later. Anything posted here may be off base.

Tuesday, February 17, 2009

Late morning update for Feb. 17, 2009.

  1. Trying to bottom out in this general area: CSIQ and LEN
  2. Attempting to hold the 28 day moving average here: IBM
  3. Attempting to hold the 65 day moving average: ELN, JOSB, LPL, MKC, MTH, SHI, SSRI
  4. Trying to break above the 28 day moving average: NAT, NST, WATG
  5. A break out in either direction is on the way for: PNRA and TSL
  6. Anything posted here may be off base.

T.A. update for the open, February 17 2009.

  1. Yi: -2
  2. Possible bottom here for: AKNS
  3. Trying to bottom out in this general area: AA, AXP, BA
  4. Moderately oversold: AMAT and BNI
  5. Moderately overbought now: $USD, $XAU, AVAV
  6. Standard overbought: ASA and CEF
  7. Toppy here: $BDI and $GOLD
  8. A break out in either direction is on the way for: C
  9. More later if I have the time. Anything posted here may be off base.

Friday, February 13, 2009

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

  1. Yi: -1.5
  2. Possible bottom here for: KFT
  3. Trying to bottom out in this area: AMAT, CAT, DDM, DELL, DVY, EEFT, EWI, EWJ, GIS, IDA, KBE, LOW, MOT, NOK, NWL, PG, ROK
  4. Extremely oversold now: BPZ and SKS
  5. Standard oversold: AA
  6. Moderately oversold: $HGX, $OEX, $SPX, AXP, B, FRO, GPC, IWM, LEN, LMT, MCD, RGLD, SDTH, SHLD
  7. Now trying to hold the 28 day moving average: $IIX, $XOI, ERIC, NM, PAYX, QQQQ, SHI
  8. Now trying to hold the 65 day moving average: BMY, NTES, PLL, QCOM, SPWRA
  9. Trying to break above the 28 DMA: ACF
  10. Trying to break above the 65 DMA: $WTIC
  11. Moderately overbought now: $BDI, $PLAT, NEM
  12. Standard overbought now: $GOLD, GLD, GTU, PGM, SLV
  13. Anything posted here may be off base.

Thursday, February 12, 2009

Munger on Pain

"Sensible reform cannot avoid causing significant pain..."

Click on the title link above for more.

T.A. update for the open, February 12, 2009.

  1. Yi: -1.5
  2. Trying to bottom out in this area: BPOP and KFT
  3. Standard oversold now: BBT, EWJ, PG
  4. Moderately oversold: $DJX, BA, EEFT, IDA, LOW
  5. Now trying to hold the 28 day moving average: $SOX, AVAV, CLF, ELN, LPL, LUFK, MKC, PLG, SSRI
  6. Now trying to hold the 65 day moving average: $XOI, VFC, XLU
  7. Now trying to break above the 65 day moving average: MMC
  8. Moderately overbought here: UGA
  9. A break out in either direction is on the way for: $DJW and PNRA
  10. Anything posted here may be off base.

Wednesday, February 11, 2009

Dr. Doom & The Black Swan

This is a good one to listen to. Click on the link above.

T.A. update for the open, February 11, 2009.

  1. Yi: -2
  2. Standard oversold: KFT and TKR
  3. Moderately oversold: GIS, KO, MCD, PEP, PG, SUN, T
  4. Trying to hold the 28 DMA here: LPL, MKC, NEM, OCR, PAYX, PEG, SHI, SLW, TPX, TSL, WGW
  5. Trying to hold the 65 DMA here: $USD, FXI, PHI, RGLD
  6. Trying to break above the 28 DMA: JASO and WATG
  7. Trying to break above the 65 DMA: JASO
  8. Moderately overbought: ELN and ENER
  9. A break out in either direction is on the way for: BGF
  10. Anything posted here may be off base.

Tuesday, February 10, 2009

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

  1. Yi: 0 (So once again, the Yi zero area acted as a point of resistance or support for the market.)
  2. Possible bottom here for: LDK
  3. Standard oversold now: QLD
  4. Trying to break above the 28 day moving average: $DJW, $DJX, $OEX, AXP, CSIQ, CTB, DDM, EWI, GF, IWM, IYY, KBE, MCD, MSCC, NST, PTEN, T, TAN, WY, XLF
  5. Now trying to hold the 65 day moving average: $DJW, LMT
  6. Now trying to break above the 65 day moving average: $SPX, AVP, CSIQ, EWA, IWM, LUFK, MBI, PBW, PBY, PTEN, TAN, TLB, TSL, WFR, WOR, WSO
  7. Moderately overbought here: $HGX, $SOX, $XOI, AVAV, BMY, CLF, CNK, CREE, CSL, ERIC, GLW, IBM, IFN, LEN, NTES, OGE, PAYX, PGM, PLL, PTR, QQQQ, SHI, SWK, TIE, TOT, TSM, UGP, USD, XOP
  8. Standard overbought: GOOG
  9. Toppy here: $IIX, COGO, CREE, EXP, FCX, GLW, MTH, PHI, SLV, V, WDC
  10. A break out in either direction is on the way for: ERIE
  11. Anything posted here may be off base.

Monday, February 9, 2009

T.A. update for the open, February 9, 2009.

  1. Yi: 0
  2. Possible bottom here for: BBT, BPOP, DVY, GE, MOT, NWL, PG, SKS, URE
  3. Trying to bottom out in this general area: $XEU, C, KFT
  4. Standard oversold now: AKNS and BPZ
  5. Moderately oversold: FXE
  6. Now trying to hold the 65 day moving average: BGF and SUN
  7. Now trying to break above the 28 day moving average: AXB, CBK, ENER, EWA, NOK
  8. Now trying to break above the 65 day moving average: $SPX, BNI, CTB, IYY, SDTH, SEED
  9. Moderately overbought now: $IIX, $XAU, ABX, ACH, ASA, CHK, EXP, FCX, FSLR, FXI, GDX, GG, PHI, V
  10. Standard overbought here: COGO and MTH
  11. A break out in either direction is on the way for: F, FRO, MCD, PNRA
  12. Anything posted here may be off base.

Friday, February 6, 2009

T.A. update for the open, February 6, 2009.

  1. Yi: -1.5
  2. Possible bottom here for: $CRB, KBE, PTEN
  3. Now trying to bottom out in this area: BAC, BPOP, GM, MEOH, PG, USB, UYG, XLF
  4. Extremely oversold now: BAC
  5. Standard oversold: MOT
  6. Moderately oversold: KFT and MFE
  7. Now attempting to break above the 28 day moving average: ACH, SPWRA, WOR
  8. Now attempting to break above the 65 day moving average: $HGX, BA, CSCO, NTES, STX, SU, WFR
  9. Moderately overbought in this area: $GOLD Weekly, CEF, EGO, ERIC, GTU, LPL, NM, PLG, SHI
  10. Standard overbought now: WDC
  11. A possible top in this area for: COGO
  12. A break out in either direction is on the way for: EEFT and TSL
  13. Anything posted here may be off base.

Thursday, February 5, 2009

T.A. update for the open, February 5, 2009.

  1. Yi: -2.5
  2. Trying to bottom out in this area: $WTIC, ACAS, BBT, CPSL, EXP, GE
  3. Now trying to hold the 28 day moving average: PEG and RGLD
  4. Now attempting to hold the 65 DMA: IDA
  5. Now trying to break above the 28 DMA: $HGX, BNI, CBK, CLF, FXI, LEN, LUFK, NST, SDTH, SHI, STX, WY
  6. Now attempting to break above the 65 DMA: AMAT, AVP, CHK, GA, GF, PAYX, PBW, TIE, TOT, USD
  7. Moderately overbought now: AAPL, ELN, GLW, MTH, PHI
  8. Standard overbought: MKC
  9. A break out in either direction is on the way for: BPZ
  10. Anything posted here may be off base.

Wednesday, February 4, 2009

T.A. update for the open, February 4, 2009.

  1. Yi: -2
  2. Trying to bottom out in this area: $CRB, $DJW, $DJX, $SPX, AA, ACF, AMAT, AXB, B, CAT, CLF, CSL, DDM, DELL, EWA, EWI, EWJ, GF, GPC, IYY, LDK, LOW, NOK, PBY, PEP, PG, PTEN, PTR, SDTH, SHLD, SU, TAN, WFR, WHR, WSO, WY
  3. Extremely oversold: GM
  4. Moderately oversold: $WTIC
  5. Now trying to hold the 28 DMA: $XAU, $XOI, ABX, NEM, PGM
  6. Now trying to hold the 65 DMA: AAPL and JOSB
  7. Toppy here: COGO
  8. Anything posted here may be off base.

Tuesday, February 3, 2009

T.A. update for the open, February 3, 2009.

  1. Yi: -3
  2. Trying to bottom out in this area: $XEU, AKNS, CBK, CPSL, CSCO, CTB, DVY, KBE, MMC, NWL, PBW, PTEN, SKS, URE, UYG, XLF
  3. Extremely oversold now: ACAS, ARM, BPOP, NWL, PTEN
  4. Standard oversold: AA, ACF, CAT, DELL, GM, GPC, LOW, PG, ROK, WY
  5. Moderately oversold: $DJX, $HGX, $OEX, $SPX, AMAT, AXB, B, BBT, CSL, DDM, ERIE, EWA, EWI, EWJ, EXP, FROFXF, GF, IWM, IYY, PEP, PTR, SHLD, SU, SWK, TAN, TIE, USD, WFR, WOR, WSO, X
  6. Trying to hold the 28 DMA here: $IIX, AEM, ERIC, GIS, GLW, OCR, PEG, SLW, SUN, UGA
  7. Trying to hold the 65 DMA: $SOX, CAKE, FCX, LMT, MFE, MOT, PLL, PNRA, TPX, TSM, UGP
  8. Trying to break above the 28 DMA: $VXO, NST, NTES, PAYX, PHI, V
  9. Toppy here: $USD
  10. Anything posted here may be off base.

Monday, February 2, 2009

T.A. update for the open, February 2, 2009.

  1. Yi: -3
  2. Extremely oversold now: CAT and MEOH (meow!) lol
  3. Standard oversold: ACAS and WHR
  4. Moderately oversold: $XEU, T, TKR
  5. Now trying to hold the 28 DMA: AVAV, KFT, MOT
  6. Now trying to hold the 65 DMA: BMY, BPZ, CNK, QCOM, SHI
  7. Now trying to break above the 28 DMA: SEED and STX
  8. Now trying to break above the 65 DMA: NTES
  9. Moderately overbought here: $USD, GTU, PGM, RGLD, UGA
  10. Standard overbought: GLD, SLV, WDC, WGW
  11. Toppy here: GFI, GOOG, HMY
  12. Anything poisted here may be off base.

Friday, January 30, 2009

T.A. update for the open, January 30, 2009.

  1. Yi: -2
  2. Trying to bottom out in this area: $VIX and WATG
  3. Moderately oversold now: QID
  4. Trying to hold the 28 DMA here: $XAU, ASA, EGO, NEM
  5. Trying to break above the 28 DMA: $DJX, $OEX, BNI, CPSL, MBI, MFE, NWL, PG, SWK, TOT, URE, WOR, WY, X
  6. Trying to break above the 65 DMA: $HGX, CHK, CTB, ENER, PAYX, QQQQ, STX, UGA, WSO
  7. Moderately overbought now: $IIX, FCX, GLW, LPL, WDC
  8. Standard overbought: SUN
  9. Toppy here: IBM and OCR
  10. Anything posted here may be off base.

Thursday, January 29, 2009

T.A. update for the open, January 29, 2009.

  1. Yi: -0.5
  2. Possible bottom here for: ARM
  3. Trying to bottom out in this area: NAT
  4. Moderately oversold: $VIX, $VXO, SPWRA
  5. Trying to hold the 28 DMA here: AEM
  6. Trying to hold the 65 DMA: $USD, AMAT, ENER
  7. Trying to break above the 28 DMA: $SPX, AXB, AXP, CBK, EWJ, IWM, IYY, PBW, TLB
  8. Trying to break above the 65 DMA here: DELL, FXI, KO, OGE, WFR
  9. Moderately overbought now: $SOX, AAPL, CSCO, IFN, MKC, OCR, TSM
  10. Standard overbought: COGO
  11. Anything posted here may be off base.

Wednesday, January 28, 2009

T.A. update for the open, January 28, 2009.

  1. Yi: -2
  2. Trying to bottom out in this area: CAT, MMC, NOK, PG
  3. Trying to break above the 28 DMA here: $XOI, BPZ, CAKE, CBK, MFE
  4. Trying to break above the 65 DMA: AMAT, GA, IFN, LEN, MTH
  5. Moderately overbought now: IDA
  6. Toppy here: CREE
  7. Anything posted here may be off base.

Tuesday, January 27, 2009

T.A. update for the open, January 27, 2009.

  1. Yi: -2.5
  2. Trying to bottom out in this area: AVP, GPC, MSCC
  3. Standard oversold: CAT
  4. Moderately oversold: B
  5. Trying to hold the 65 DMA here: ERIE
  6. Trying to break above the 28 DMA here: $SOX, BPZ, CHK, CLF, GTU, LEN, LUFK, MTH, PNRA, QQQQ
  7. Trying to break above the 65 DMA: $CRB, $WTIC, T, TOT, USD
  8. Moderately overbought now: $XAU, ASA, ERIC, GG, GOOG, IBM, KFT, PEG, SLW, SUN, TPX, VFC, WGW, XLU
  9. Standard overbought: $GOLD and $GOLD weekly, ABX, AEM, EGO, HMY
  10. Toppy here: GDX, GFI, GLD
  11. Anything posted here may be off base.

Monday, January 26, 2009

T.A. update for the open, January 26, 2009.

  1. Yi: -3
  2. Possible bottom in place here for: $CRB, ACF, MBI, PEP, PHI, PTEN, TLB, WATG, WHR
  3. Trying to bottom out in this area: AA, CHK, CLF, ENER, FCX, FXI, GM, IWM, IYY, PBY, PTR, SEED, SKS, WSO, X
  4. Extremely oversold now: JASO, LDK, USB
  5. Standard oversold: ACH, PBW, SWK, TAN, TSL
  6. Moderately oversold: EWJ, FRO, FXF, OGE
  7. Trying to hold the 28 DMA here: ANKS and GIS
  8. Trying to break above the 28 DMA: AAPL and ERIC
  9. Toppy here: AVAV
  10. Anything posted here may be off base.

Friday, January 23, 2009

Interesting Dow chart, from ritholtz.com

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

  1. Yi: -3.5
  2. Trying to bottom out in this area: ACF, AMAT, ARM, AXB, AXP, CSL, EEFT, IFN, JASO, PTR, TIE, WFR
  3. Extremely oversold in this area: BPOP, GM, MMC, MSCC, NOK, SKS, STX, WATG
  4. Standard oversold: CBK, PTR, SPWRA
  5. Moderately oversold: EEFT, NAT, PHI, SWK, TSL
  6. Trying to hold the 28 DMA here: $VIX, BGF, UGA
  7. Trying to hold the 65 DMA: FSLR and SHI
  8. Trying to break above the 28 DMA: GA, GOOG, MFE, TSM
  9. Moderately overbought now: $GOLD, ABX, LMT
  10. Standard overbought: SSRI
  11. Anything posted here may be off base.

Thursday, January 22, 2009

T.A. update for the open, January 22, 2009.

  1. Yi: -3
  2. Trying to bottom out in this area: $SOX, $SPX, AIG, BAC, BBT, BNI, BPOP, BPZ, C, CSCO, CTB, KBE, LDK, LEN, LUFK, NWL, PHI
  3. Extremely oversold now: ARM, AXP, GE, PBY
  4. Standard oversold: AAPL, ACF, AXB, CSL, EEFT
  5. Moderately oversold now: $HGX, $XEU, ACH, CBK, CHK, CNK, FXI, GF, GM, GPC, IWM, KO, MTH
  6. Trying to hold the 28 DMA here: ACAS, CAKE, ELN, JOSB
  7. Trying to hold the 65 DMA: IDA
  8. Trying to break above the 28 DMA: $XAU , ASA, CEF, GDX, GFI
  9. Trying to break above the 65 DMA: MFE
  10. Moderately overbought now: $USD, CREE, GLD, RGLD, SLV
  11. Anything posted here may be off base.

Wednesday, January 21, 2009

T.A. update for the open, January 21, 2009.

  1. Yi: -4.5
  2. Trying to bottom out in this area: DELL
  3. Exremely oversold here: MBI and V
  4. Standard oversold: AVP, PTEN, TOT, TPX, WHR
  5. Moderately oversold now: GPC, PHI, TSM
  6. Trying to hold the 28 DMA: CREE, PGM, SHLD
  7. Trying to hold the 65 DMA here: BGF, ELN, FXF, IRF, NAT
  8. Trying to break above the 28 DMA: GG, HMY, NST
  9. Trying to break above the 65 DMA: $VIX
  10. Moderately overbought now: ABX, AEM, AVAV, KGC, NEM
  11. Anything posted here may be off base.

Monday, January 19, 2009

T.A. update for the open, January 20, 2009.

  1. Yi: -3
  2. Trying to bottom out in this area: $CRB, $DJW, $HGX, AAPL, ARM, BNI, DELL, DVY, GE, MBI, MEOH, MMC, MSCC, NTES, T, TLB, WHR
  3. Extremely oversold now: KBE, USB, UYG, WFC, XLF
  4. Standard oversold: ARM, BPOP, DVY, JASO
  5. Moderately oversold: ACF
  6. Trying to hold the 28 DMA here: $PLAT, FXF, MKC
  7. Trying to hold the 65 DMA: ACH, EEFT, ELN, NAT
  8. Anything posted here may be off base.

Friday, January 16, 2009

T.A. update for the open, January 16, 2009.

  1. Yi: -3.5
  2. Trying to bottom out here: $DJX, $OEX, AVP, CPSL, CSIQ, DDM, EWA, EWI, EWJ, GE, JASO, PG
  3. Extremely oversold: ARM, BAC, BBT, C
  4. Standard oversold: AA, BNI, GE, MSCC, PAYX, SKS, STX, TIE
  5. Moderately oversold now: $DJW, $DJX, $GOLD, $HGX, $SOX, $SPX, BA, CHK, CLF, CSCO, CSL, DELL, IFN, LEN, PTEN, TPX, XOP
  6. Trying to hold the 28 DMA here: ACAS, CNK, CREE, ELN, MOT, PLG, SSRI, SU
  7. Trying to hold the 65 DMA: $IIX, ASA, CBK, GLD, PLL
  8. Anything posted here may be off base.

Thursday, January 15, 2009

1/15/09 Late Day Update

  1. Trying to bottom out here: CTB, FXI, MSCC, NOK, PAYX, PBY, PTEN, SDTH, STX, TIE, URE, USD, UYG, WY
  2. Extremely oversold: NWL
  3. Standard oversold: KBE, MEOH, MMC, NTES, PG, T, XLF
  4. Moderately oversold: ERIC, GDX, GLD, GOOG, IWM, IYY, JASO, JNJ, KO, LDK, LOW, LUFK, MFE, MTH, NAT, OGE, PBW, QQQQ, SPWRA, TAN, TOT, V, WFR, WHR, WSO, X, XLU
  5. Trying to hold the 28 DMA: EEFT, FCX, FTO, IBM, IRF, JOSB, PEG, PGM, TSL, WDC, WGW
  6. Trying to hold the 65 DMA: EXP, GF, GFI, LPL, MCD, PTR, SHI, TKR
  7. Anything posted here may be off base.

T.A. update for the open, January 15, 2009.

  1. Yi: -3.5
  2. Trying to bottom out in this area: ACAS
  3. Moderately oversold now: $XAU, AA, AMAT
  4. Trying to hold the 28 DMA here: AEM & BPZ
  5. Trying to hold the 65 DMA: $XOI and CAKE
  6. Trying to break above the 28 DMA here: $VXO
  7. Trying to break above the 65 DMA: $BDI
  8. More later. Anything posted here may be off base.

Wednesday, January 14, 2009

T.A. update for the open, January 14, 2009.

  1. Yi: -2
  2. Trying to bottom out in this area: ARM, BPOP, C, CSCO, KBE, SKS, WATG
  3. Extremely oversold here: BAC
  4. Standard oversold: BBT, C, WFC
  5. Moderately oversold now: $DJX, $OEX, AAPL, AVP, AXP, CTB, DDM, DVY, EWA, EWI, FXI, GA, GTU, IFN, MEOH
  6. Trying to hold the 28 DMA here: $CRB, $GOLD, $HGX, $IIX, $SPX, $XAU, $XOI, AMAT, BA, BGF, CAKE, CBK, CPSL, EGO, ENER, FRO, FSLR, GDX, GF, GLW, GOOG, HMY, JASO, LDK, LUFK, SLW, SYY, WGW
  7. Trying to hold the 65 DMA: $XEU, ACF, ACH, AKNS, CAT, CEF, CLF, CREE, ERIC, ERIE, EWJ, FCX, GG, LMT, LOW, NST, PEG, PLL, PNRA, ROK, SLV, SU, SWK, UGP
  8. Trying to break above the 28 DMA: $VIX
  9. Trying to break above the 65 DMA: $USD & QID
  10. Moderately overbought now: KFT
  11. More later. Anything posted here may be off base.

Tuesday, January 13, 2009

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

  1. Yi: -2
  2. Standard oversold: WATG
  3. Moderately oversold: AXB, MCD, MKC
  4. Trying to hold the 28 DMA here: $SOX, AA, BMY, CHK, CSIQ, EWA, EWI, EWJ, FXF, KGC, LMT, LPL, OGE, PBW, SEED, STX, WHR
  5. Trying to hold the 65 DMA: B, BA, BPZ, GPC, GTU, LEN, V
  6. Trying to break above the 28 DMA: GIS and QID
  7. Trying to break above the 65 DMA: LDK
  8. Anything posted here may be off base.

Monday, January 12, 2009

T.A. update for the open, January 12, 2009.

  1. Yi: -0.5
  2. Trying to bottom out in this area: BBT and NTES
  3. Moderately oversold now: $WTIC, PEP, PG, VFC
  4. Trying to hold the 28 DMA here: $CRB, $GOLD, ACH, AMAT, ASA, CSL, IYY, LEN, LUFK, QCOM, QQQQ, ROK, SLV, SPWRA, TAN, XOP
  5. Trying to hold the 65 DMA: IBM, PHI, SYY, TPX, WSO
  6. Trying to break above the 28 DMA: $SPX
  7. Trying to break above the 65 DMA: CSIQ, DELL, ENER, GTU
  8. Moderately overbought now: AKNS and KFT
  9. Anything posted here may be off base.

Friday, January 9, 2009

T.A. update for the open, January 9, 2009.

  1. Yi: +0.5
  2. Moderately oversold now: BBT, GIS, USB
  3. Now trying to hold the 28 day moving average: $HGX, $OEX, $XAU, ABX, AVP, BMY, CAT, CSIQ, DDM, DVY, GDX, IFN, MFE, NAT, PTR, TSM, VFC
  4. Now trying to hold the 65 day moving average: $DJX, $GOLD, $SOX, $SPX, AA, CTB, FRO, GOOG, GPC, LMT, NOK, OGE, PBW, SPWRA, T, TSM, X
  5. Standard overbought: OGE
  6. Anything posted here may be off base.

Thursday, January 8, 2009

T.A. update for the open, January 8, 2009.

  1. Yi: +0.5
  2. Moderately oversold: NTES and WFC
  3. Trying to hold the 28 DMA here: CBK, EWJ, FXI, GFI, GLD, GPC, KGC, LMT, LOW, MEOH, MMC, NEM, NOK, NST, PLL, PNRA, RGLD, ROK, SHI, TIE, UGA, URE, WSO, X
  4. Trying to hold the 65 DMA: CBK, IYY, JASO, QCOM, QQQQ, TSM, VFC, WATG
  5. Now trying to break above the 65 DMA: ACAS, SHLD, T
  6. Now trying to break above the 28 DMA: ARM and GM
  7. Moderately overbought now: $DJW, ACAS, BGF, CREE, PGM
  8. Possible top here for: $NYA50R
  9. Toppy here: EEFT and ERIC
  10. Anything posted here may be off base.

Wednesday, January 7, 2009

T.A. update for the open, January 7, 2009.

  1. Yi: +1.5
  2. Now trying to hold the 28 DMA: $XEU, BMY, CBK, CEF, GG, WGW
  3. Now trying to break above the 28 DMA: $CRB, $USD, BPOP, MBI, MSCC
  4. Now trying to break above the 65 DMA: CNK, CPSL, CREE, LDK, SDTH, SEED, STX, WDC, WFR
  5. Moderately overbought now: $HGX , $SOX, $WTIC, $XOI, ACF, AMAT, BNI, BPZ, CSL, EWA, EXP, FCX, GLW, IBM, IRF, IWM, IYY, LEN, MTH, TPX, UGP, V
  6. Standard overbought: PLG
  7. Toppy here: CAKE
  8. Anything posted here may be off base.

Tuesday, January 6, 2009

T.A. update for the open, January 6, 2009.

  1. Yi: +2
  2. Possible bottom here for: $VIX
  3. Trying to bottom out in this area: $VXO
  4. Moderately oversold now: QID
  5. Trying to break above the 28 DMA here: AXP, DELL, KBE, LUFK, SEED, TSL, WDC
  6. Trying to break above the 65 DMA: AKNS, AMAT, CHK, CSCO, DVY, ENER, GE, IBM, PAYX, QQQQ, WHR, WOR
  7. Moderately overbought now: $DJX, $IIX, $PLAT, $SPX, AA, ACH, BA, CAT, CLF, EEFT, ERIC, FSLR, FXI, GPC, JASO, LPL, PEG, PHI, PLG, PNRA, PTEN, QCOM, ROK, SHI, TKR, TSM, WATG, WSO, XLU, XOP
  8. Toppy here: $NYA50R weekly chart.
  9. Anything posted here may be off base.

Monday, January 5, 2009

T.A. update for the open, January 5, 2009.

  1. Yi: +2.5
  2. Trying to break above the 28 DMA here: BAC. C, EXP, GIS, USB
  3. Trying to break above the 65 DMA: AVP, BNI, BPZ, CSL, DDM, EWA, FCX, FRO, GLW, GOOG, KFT, MEOH, MMC, MOT, PBW, SKS, SU, SYY, TAN, USD
  4. Moderately overbought now: B, CAKE, CTB, EWJ, IFN, PLL, SWK
  5. Anything posted here may be off base.

Friday, January 2, 2009

T.A. update for the open, January 2, 2009.

  1. Yi: +1
  2. Trying to bottom out in this area: ACAS, ARM, CPSL, DELL, WY
  3. Trying to hold the 28 DMA here: TLB
  4. Trying to break above the 28 DMA: $WTIC and UGA
  5. Trying to break above the 65 DMA: $DJX, $HGX, $IIX, $OEX, $SOX, $SPX, AA, CLF, IYY, JASO, NOK, PG, TPX, WFC
  6. Moderately overbought now: $XOI, CBK, EWJ, GF
  7. A bit toppy here: EGO and OCR
  8. Anything posted here may be off base.

Wednesday, December 31, 2008

T.A. update for the open, December 31, 2008.

Happy New Year everybody!

  1. Yi: +0.5
  2. Trying to bottom out in this area: AKNS, BPOP, CNK, CREE, EXP, MBI, SKS, WDC
  3. Moderately oversold: V
  4. Trying to hold the 28 DMA here: $HGX, ACH, CSCO, SYY
  5. Trying to break above the 28 DMA: JASO, KBE, MTH, SDTH
  6. Trying to break above the 65 DMA: $DJW, CTB, EWI, IBM, IWM, KO, MKC, OGE, PBY, PEP, PTEN, QCOM, SPWRA, TAN, TSL, WATG, WSO, X, XLU, XOP
  7. Moderately overbought now: $XAU, ASA, CEF, GF, LMT, NTES, TKR, WGW
  8. Standard overbought: EGO and OCR
  9. Toppy: AEM
  10. Anything posted here may be off base.

Tuesday, December 30, 2008

T.A. update for the open of Dec. 30, 2008.

  1. Yi: -0.5
  2. Trying to hold the 28 DMA here: CAKE, JNJ, LEN, NST, V
  3. Trying to break above the 28 DMA: AXP, CHK, ENER, MMC
  4. Trying to break above the 65 DMA here: FNM, FTO, GF, LMT, UGP, VFC
  5. Moderately overbought now: $GOLD, $GOLD Weekly, $PLAT, ABX, GDX, GLD, HMY, KGC, OCR
  6. Toppy here: RGLD and SUN
  7. Anything posted here may be off base.

Monday, December 29, 2008

T.A. update for the open, December 29, 2008.

  1. Yi: -0.5
  2. Possible bottom here for: $WTIC, LUFK, STX
  3. Trying to bottom out in this area are: $CRB, ACAS, AMD, AXP, BBT, BPOP, BPZ, CSL, LDK, MBI, MER, PAYX, SHLD
  4. Standard oversold now is: AAPL
  5. Moderately oversold now: CREE and EXP
  6. Trying to hold the 28 DMA here: $HGX, $SOX, AMAT, B, BA, DELL, IYY, JCP, LOW, LPL, MOT, PBW, PTR, SHI, TAN, TOT
  7. Trying to hold the 65 DMA: ERIC, EWJ, LEN, PTR, TOT
  8. Anything posted here may be off base.

Friday, December 26, 2008

T.A. update for the open, December 26, 2008.

Because of celebrating Christmas yesterday and into early this morning, the update for today is very late. Happy Holidays to everyone!

Yi: -1
Trying to bottom out in this area: ARM, AXP, BAC, BBT, CSL, DVY, EXP, IFN, KBE, LDK, LUFK, MBI, SHLD, STX, WY
Trying to hold the 28 DMA here: $DJW, $HGX, ACH, B, CSCO, DDM, EWJ, GLW, IDA, IWM, LPL, PLG, SHI, UGP, USD, WATG
Trying to hold the 65 DMA: ERIC and FXI
Trying to break above the 65 DMA here: PGM
Standard overbought: GTU
A break out in either direction is on the way for: FRO, KFT, MMC, PBCT
Anything posted here may be off base.

Wednesday, December 24, 2008

T.A. update for the open, December 24, 2008.

  1. Yi: -1.5
  2. Trying to bottom out in this area: BPZ, C, SKS
  3. Trying to hold the 28 DMA here: $SOX, $XOI, AA, CLF, CSCO, EWI, FCX, FRO, LOW, NAT, PTR, WHR
  4. Trying to hold the 65 DMA: TOT and TSM
  5. Trying to break above the 65 DMA: GF and GPC
  6. Toppy here: GTU and IRF
  7. Anything posted here may be off base.

Tuesday, December 23, 2008

T.A. update for the open, Dec. 23, 2008.

  1. Yi: -1
  2. Trying to bottom out in this area: $VXO,  BPOP, GIS, MSCC, SEED
  3. Trying to hold the 28 DMA here: $DJX, $OEX, $SPX, ACF, AMAT, CSL, DELL, GOOG, IBM, IYY, KO, MOT, MTH, PEP, PLL, QQQQ, SU, SYY, X
  4. Trying to hold the 65 DMA: CAKE, EWJ, PTR, USD
  5. A break out in either direction is on the way for: ERIE and PAYX
  6. Anything posted here may be off base.

Monday, December 22, 2008

T.A. update for the open, December 22, 2008.

  1. Yi: 0
  2. Trying to bottom out in this area: $VIX, $WTIC, MBI, UGA
  3. Trying to hold the 28 DMA here: GE, MEOH, PTEN, SU, URE, USD, WOR
  4. Trying to hold the 65 DMA: TSM
  5. Trying to break above the 28 DMA here: $GOLD Weekly, ARM
  6. Trying to break above the 65 DMA: CBK, EWJ, GF, WSO
  7. Moderately overbought now: COGO and OCR
  8. Toppy here: BMY, MFE, NAT, PNRA
  9. A break out in either direction is on the way for: DDM and PEG
  10. Anything posted here may be off base.

Friday, December 19, 2008

T.A. signals for the open of Dec. 19, 2008.

  1. Yi: -0.5
  2. Standard oversold now: NWL
  3. Moderately oversold: $USD, $VIX, $VXO
  4. Trying to break above the 28 DMA: BNI, CNK, LDK, LPL, PBY, TAN, TLB, TSL, WDC
  5. Trying to break above the 65 DMA: $HGX, $IIX, $PLAT, BGF, CAKE, CAT, CLF, IFN, IRF, MTH, PGM, SWK, WB, WFC
  6. Moderately overbought now: CEF, ERIC, FXF, LEN, LOW, MFE, NTES, ROK, SUN
  7. Toppy here: $GOLD and SHI
  8. Anything posted here may be off base.

Thursday, December 18, 2008

Midday update for 12/18/08.

ENER and FSLR are trying and so far failing to break above the 28 DMA here.

Wednesday, December 17, 2008

T.A. update for the open, December 18, 2008.

  1. Yi: +0.5
  2. Trying to bottom out in this area: AKNS, LUFK, STX
  3. Moderately oversold now: QID
  4. Trying to break above the 28 DMA here: $HGX, $IIX, BAC, C, DVY, GLW, KBE, KFT, UYG
  5. Trying to break above the 65 DMA: EEFT, ERIE, EWI, KO, LPL, NOK, OCR, OGE, PLL, QCOM, TKR, VFC, WATG, WY, X
  6. Moderately overbought now: $XOI, AEM, ASA, SLV, SLW, TOT, TSM, USD, WGW
  7. Standard overbought: $XAU, ABX, EGO, GDX, GFI, GG, GLD, GTU, KGC, NAT, NEM, PNRA, RGLD, SHI, SSRI
  8. Possible top here for: RGLD and SSRI
  9. Anything posted here may be off base.

T.A. update for the open, December 17, 2008.

  1. Yi: +1
  2. Trying to bottom out in this area: ARM, SDTH, SKS
  3. Trying to hold the 28 DMA here: ACF and SHLD
  4. Trying to hold the 65 DMA: B, COGO, EWI, WATG, XLU
  5. Trying to break above the 65 DMA: $GOLD weekly chart.
  6. A break out in either direction is on the way for: AAPL and TSL
  7. Anything posted here may be off base.

Tuesday, December 16, 2008

T.A. update for the open of Dec. 16, 2008.

  1. Yi: -0.5
  2. Probable bottom here for: ACAS
  3. Trying to bottom out in this area: BAC, KBE, LDK, UYG
  4. Moderately oversold now: PAYX and PEP
  5. Trying to hold the 28 DMA here: $OEX, $SPX, AAPL, IDA, JCP, MER, QQQQ, SUN, WATG
  6. Trying to hold the 65 DMA: B, COGO, CPSL, LOW, LPL, SLW, T
  7. Trying to break above the 28 DMA here: CREE, DELL, GF
  8. Trying to break above the 65 DMA: BPOP, FXF, PEG
  9. Moderately overbought now: BMY, EEFT, X
  10. A break out in either direction is on the way for: ROK
  11. Anything posted here may be off base.

Monday, December 15, 2008

T.A. update for the open of Dec. 15, 2008.

  1. Yi: 0
  2. Trying to bottom out in this area: AXP, C, CNK, GIS, KBE, MKC, MMC, PG, TLB, TSL, XLF
  3. Moderately oversold now: BBT, PAYX, PBCT, USB, WFC, WSO
  4. Trying to hold the 28 DMA here: CAKE, CBK, EXP, FNM, GE, GPC, LMT, MBI, MTH, NST, NWL, PLL, QQQQ, ROK, SWK, T, VFC, WB, WHR
  5. Trying to break above the 28 DMA now: $CRB, $WTIC, BPOP
  6. Moderately overbought now: $GOLD
  7. Anything posted here may be off base.

The "invisible hand" of the "free market".

Nothing can save us now, except economists!

Friday, December 12, 2008

T.A. update for the open of Dec. 12, 2008.

  1. Yi: -0.5
  2. Trying to bottom out in this area: JASO, LDK, PBY
  3. Moderately oversold now: PG
  4. Trying to hold the 28 DMA here: PHI
  5. Trying to hold the 65 DMA: $USD and LPL
  6. Trying to break above the 28 DMA here: BPZ, CHK, CSIQ, XOP
  7. Trying to break above the 65 DMA: AEM, EWJ, GTU, SLW, SSRI, UGP
  8. Moderately overbought now: $XAU, ABX, EGO, GDX, GG, GLD, KGC, NEM, TOT
  9. Toppy here: NAT and PTR
  10. A break out in either direction is on the way for: BGF and TAN
  11. Anything posted here may be off base.

Thursday, December 11, 2008

T.A. update for the open of Dec. 11, 2008.

  1. Yi: +0.5
  2. Extremely oversold: LUFK
  3. Moderately oversold: GIS
  4. Trying to hold the 28 DMA here: PLG and WSO
  5. Trying to break above the 28 DMA here: FCX, FXF, GLW, MEOH
  6. Trying to break above the 65 DMA: $XOI, ASA, LPL, NOK, NTES, SLV, SSRI, TSM, SWK
  7. Moderately overbought now: AVAV, NAT, WOR 
  8. A break out in either direction is on the way for: BPOP
  9. Anything posted here may be off base.

Wednesday, December 10, 2008

T.A. update for the open of Dec. 10, 2008.

  1. Yi: 0
  2. Possible bottom here for: $BDI
  3. Trying to hold the 28 DMA: BMY
  4. Trying to hold the 65 DMA: $VIX, $VXO, QLD
  5. Trying to break above the 28 DMA: $SOX, $XAU, AA, ARM, BA, BAC, BBT, CLF, CPSL, DDM, EEFT, EWI, EWJ, FRO, FTO, GF, IBM, IRF, IWM, NTES, PBW, PTEN, QQQQ, SDTH, SEED, SU, T, USD, WDC
  6. Trying to break above the 65 DMA: AAPL, ABX, CAT, ERIE, GG, GLW, PLL, PTR, TIE, TOT, WATG
  7. Moderately overbought now: $IIX, ACH, C, CAKE, DELL, EXP, GFI, GPC, HMY, MER, NOK, SHI, SHLD, TKR, X
  8. Toppy here: PNRA
  9. A break out in either direction is on the way for: AIG and GA
  10. Anything posted here may be off base. 

Tuesday, December 9, 2008

T.A. update for the open, December 9, 2008.

  1. Yi for EOD 12/5/08: -0.5
  2. Yi current reading: +1
  3. To a buy: $CRB, $PLAT, $WTIC, ACAS
  4. Trying to bottom out now: CREE and MEOH
  5. Moderately oversold now: GTU
  6. Trying to hold the 28 DMA here: $GOLD
  7. Trying to break above the 28 DMA: AMAT, AVP, AXB, C, CTB, DVY, EWA, GOOG, IFN, JNJ, KBE, KFT, LDK, MKC, MMC, QCOM, SHLD, STX, URE, UYG, WFR
  8. Trying to break above the 65 DMA: ACF, B, BGF, ERIC, GDX, JOSB, KO, LEN, NEM, ROK, USB, V, WSO
  9. Moderately overbought now: CSL, FXI, GE, LMT, LOW, MBI, MTH, NAT, NST, NWL, WHR
  10. Standard overbought: MCD
  11. Anything posted here may be off base.

Monday, December 8, 2008

The Financial Crisis and the lapse of Ethical Behavior.

Good one!

Who's on First?

Anyone else think this sounds like the old Abbott & Costello routine?

Friday, December 5, 2008

TA update for the open, December 5, 2008.

  1. Yi: -1.5
  2. Moderately oversold: $GOLD
  3. Trying to hold the 28 DMA: $XAU, GDX, GM, KGC, NEM, WGW
  4. Trying to hold the 65 DMA: ACF and ACH
  5. Trying to break above the 28 DMA: AAPL, ARM, CAKE, NAT, NTES, PNRA weekly, SHLD, USB, WB, WFC, WHR
  6. Trying to break above the 65 DMA: LEN, LOW, MBI, PBY, PHI
  7. Moderately overbought: $HGX, B, BMY, MTH, PNRA, SKS, VFC
  8. A break out in either direction is on the way for: AVP, DELL, KFT
  9. Anything posted here may be off base.

Thursday, December 4, 2008

Are you 100 years old and depressed?

What a "retarded" world we have become. Ya gotta laugh at this or cry.

T.A. update for the open, December 4, 2008.

  1. Yi: +0.5
  2. Probable bottom here for: $CRB, $WTIC, CHK
  3. Trying to bottom out in this area: CLF, CSIQ, FRO, GOOG, IRF, LUFK, PGM, PTEN, TSM
  4. Moderately oversold: OCR
  5. Trying to hold the 28 DMA here: ASA, GLD, PEG, XLU
  6. Trying to hold the 65 DMA here: SUN and WGW
  7. Trying to break above the 28 DMA: ELN, JASO, MMC
  8. Trying to break above the 65 DMA: WOR
  9. Anything posted here may be off base.

Wednesday, December 3, 2008

TA update for the open, December 3, 2008.

  1. Yi: -0.5
  2. Trying to bottom out in this area: $SOX, BPZ, CREE, EWI, GLW, MKC, STX
  3. Moderately oversold now: NAT
  4. Trying to hold the 28 DMA here: $GOLD, AEM, CAT, FNM, GPC, GTU, LOW, PAYX, PBCT, PLL, SSRI, UGP, WSO, WY
  5. Trying to hold the 65 DMA: IDA
  6. Trying to break above the 28 DMA: $VIX, CBK, CNK
  7. Anything posted here may be off base.

Tuesday, December 2, 2008

TA update for the open, December 2, 2008.

  1. Yi: -1.5 (Once again, the Yi zero line acted as an area of resistance for a market rally.)
  2. Trying to bottom out in this area: FXF
  3. Trying to hold the 28 DMA here: CEF
  4. Trying to hold the 65 DMA: FNM
  5. Trying to break above the 28 DMA here: B and NWL
  6. Anything posted here may be off base.

Monday, December 1, 2008

TA update for the open, December 1, 2008.

  1. Yi: +0.5
  2. Trying to bottom out in this area: ACAS
  3. Trying to hold the 28 DMA here: $VIX
  4. Trying to break above the 28 DMA: $GOLD Weekly, $HGX, $IIX, $SOX, $SPX, $XAU, $XOI, ARM, BPOP, CAKE, DELL, DVY, EWA, FCX, GE, GM, IRF, IWM, KBE, LDK, LUFK, MBI, MEOH, MOT, MTH, PBW, QCOM, QQQQ, SDTH, SKS, TIE, TKR, TPX, TSL, TSM, USB, USD, WHR, X
  5. Trying to break above the 65 DMA: ACH, AEM, AIG, EXP, LOW, PAYX, PEG, PHI, PNRA, PTR, ROK, XLU
  6. Moderately overbought: EGO, ERIC, FXI, GM, MFE, PBCT
  7. Anything posted here may be off base.

Friday, November 28, 2008

TA update for November 28, 2008.

  1. YI: 0
  2. Trying to break about the 28 DMA here: $OEX, $SPX, AA, AAPL, AXP, B, CLF, CSL, DDM, EWA, EWJ, FCX, FNM, GLW, GM, IBM, IWM, IYY, JASO, JCP, MMC, MTH, NOK, SPWRA, TSM
  3. Trying to break above the 65 DMA: $XAU, $XOI, EXP, GDX, GTU, LOW, MCD, NAT, PHI, ROK, UGP
  4. Moderately overbought now: AEM, GFI, GPC, PBCT
  5. Anything posted here may be off base.

Wednesday, November 26, 2008

TA update for November 26, 2008.

  1. Yi: -1.5
  2. Trying to break above the 28 DMA here: $DJX, $OEX, $PLAT, AA, AAPL, ACH, AXP, CLF, CSL, DDM, ERIC, ERIE, EWA, EWI, EWJ, FRO, GLW, IBM, IYY, JASO, LEN, LUFK, MFE, MKC, MMC, MSCC, NOK, PAYX, PBY, PEP, PHI, PLL, PTEN, SPWRA, SU, VFC
  3. Trying to break above the 65 DMA: $GOLD, ACF, EGO, GDX, GTU, NEM, SHI
  4. Moderately overbought now: GLD, GPC, PBCT, RGLD
  5. Anything posted here may be off base.

Tuesday, November 25, 2008

TA update for November 25, 2008.

  1. Yi: -2
  2. Possible bottom here for: AKNS, ARM, CPSL, CREE, LEN
  3. Trying to bottom out in this area: BPOP, BPZ, CNK, EEFT, NAT, UGA, SDTH
  4. Trying to hold the 28 DMA here: BMY and QID
  5. Trying to break above the 28 DMA here: CAT, EWJ, FXI, PGM, PLL, SHI, SPWRA, SU, TPX, VFC, WATG, WOR, WSO, WY
  6. Trying to break above the 65 DMA here: $XAU, ABX, ASA, CEF, GFI, GG, HMY, PLG
  7. Moderately overbought now: $GOLD, $XAU, AEM, ASA, GDX, GFI, GG, GLD, GTU, HMY, KGC, NEM, NST, SUN, TOT, WGW
  8. Standard overbought now: RGLD
  9. Anything posted here may be off base.

Monday, November 24, 2008

TA update for Nov. 24, 2007.

  1. Yi: -3.5
  2. Probable bottom here for: $SPX, $WTIC, AMAT, BPZ, CAKE, CBK, CLF, CREE, CSIQ, CSL,  CTB, ERIC, GOOG,  IWM, IYY, MEOH, MER, MOT, MTH, PBY, QQQQ, SDTH, SLW, STX, TIE, TKR, TPX, TSM, URE, UYG, VFC, WATG, WDC, WFR, WHR, X, XLF
  3. Possible bottom in this area for: $CRB, $DJX, $IIX, $OEX, $SOX, $SPX, AA, ACH, AVP, AXP, B, BA, BAC, BNI, CAT, COGO, EEFT, EWA, EWI, EWJ, EXP, DDM, GF, IFN, JASO, JCP, MFE, PAYX, PLL, PTEN, ROK, USB, WFR, WY
  4. Trying to bottom out: AAPL, EWJ, FCX, FTO, PBW, PTEN, SHI, TAN, USB, WOR, WY
  5. Extremely oversold: KBE and LUFK
  6. Moderately oversold: T
  7. Trying to break above the 28 DMA: BGF, IDA, MBI, PHI, PBCT, SUN, UGP, WGW
  8. Toppy here: $VIX
  9. Anything posted here may be off base.

Friday, November 21, 2008

TA update for November 21, 2008.

  1. Yi: -5
  2. Probable bottom here for: COGO
  3. Possible bottom here for: BA, MBI, NTES, WATG
  4. Trying to bottom out in this area: AEM, GG, NEM, PAYX, PBY, PNRA
  5. Extremely oversold: AMAT, CTB, IFN, MTH, PTEN, USB, UYG, WDC, WHR
  6. Standard oversold: EXP and PEP
  7. Moderately oversold: GIS, PG, PHI, T
  8. Trying to hold the 28 DMA here: BGF, EGO, IDA, PBCT, SUN, UGP, WGW
  9. Trying to break above the 28 DMA here: SHI
  10. Anything posted here may be off base.

Thursday, November 20, 2008

TA update for November 20, 2008.

  1. Yi: -5 (So here we are at -5 again, the depths of despair.)
  2. Trying to bottom out in this area: $WTIC, ASA, CEF, GLW, HMY
  3. Extremely oversold: (so what else is new these days) SHLD, SKS, TSL
  4. Trying to break above the 28 DMA here: GA and GLD
  5. Anything posted here may be off base.

Wednesday, November 19, 2008

TA update for November 19, 2008.

  1. Yi: -4
  2. Trying to bottom out in this area: $DJX, $HGX, $IIX, $OEX, $SPX, $XAU, AAPL, ABX, ACAS, AKNS, AVP, AXP, BAC, BNI, BPOP, BPZ, CAT, CBK, CPSL, CTB, DDM, EWA, EWI, EWJ, FNM, GDX, GE, HMY, IBM, IRF, IWM, IYY, KFT, LDK, LEN, LMT, MER, MFE, MKC, MMC, MOT, NEM, NOK, PAYX, PBY, PEP, QCOM, QQQQ, SDTH, SLV, SYY, TPX, TSM, URE, UYG, VFC, WFR, WHR, WY, X, XLF
  3. Trying to hold the 28 DMA here: KGC
  4. Possible top here for: IDA and NAT
  5. Toppy here: $VIX
  6. Anything posted here may be off base.

Tuesday, November 18, 2008

TA update for November 18, 2008.

  1. Yi: -4.5
  2. Trying to bottom out in this area: AKNS, BA, BPOP, GE, HMY, OCR, QQQQ, TLB
  3. Extremely oversold: WHR
  4. Moderately oversold: GTU
  5. Trying to hold the 28 DMA: GIS, GPC, PG, T
  6. Trying to break above the 28 DMA here: $GOLD, $PLAT, GLD
  7. Extremely overbought: PEG
  8. Standard overbought: $VIX
  9. Anything posted here may be off base.

Monday, November 17, 2008

TA update for November 17, 2008.

  1. Yi: -3.5
  2. Possible bottom in this area for: C and JASO
  3. Trying to bottom out: AAPL, DELL, GA, LDK, MBI
  4. Trying to break above the 28 DMA here: $DJX, $XAU, ABX, ASA, CNK, GDX, JNJ, LUFK, MEOH, PG, PLL, PTEN, ROK, TPX, WOR
  5. Trying to break above the 65 DMA: KGC, RGLD, SHI, T
  6. Moderately overbought now: ACH, IDA, NAT, PBCT, PHI, SUN
  7. Anything posted here may be off base.

Friday, November 14, 2008

Update for Nov. 14, 2008.

  1. Yi: -2
  2. Probable bottom here for: $CRB, GE, IRF
  3. Possible bottom here for: $DJX, $IIX, $WTIC, ACAS, ARM, B, BA, BAC, BPOP, BPZ, CAKE, CLF, CPSL, CSIQ, CSL, DELL, EEFT, FXF, GLW, GOOG, HMY, IBM, KFT, LDK, LEN, MER, NWL, SLV, SLW, STX, TAN, TKR, TSL, URE, USD, UYG, VFC, WDC, WFR, WHR, XLF
  4. Trying to bottom out in this area: $GOLD, $HGX, $OEX, $SOX, $SPX, $XAU, AA, AAPL, ABX, AKNS, ASA, AVP, CBK, CEF, COGO, DDM, EWA, FCX, FRO, GE, GLD, IYY, JASO, KBE, LMT, NEM, NTES, OCR, PBW, PBY, PNRA, PTEN, QCOM, QQQQ, SU, SYY, TIE, WATG
  5. Extremely oversold: C, SHLD, SPWRA
  6. Trying to hold the 28 DMA here: BMY, CHK, EGO, FTO, KGC
  7. Trying to break above the 28 DMA here: CAT, CREE, EWI, PAYX, PEP
  8. Possible top here for: $USD
  9. Anything posted here may be off base.

Wednesday, November 12, 2008

Update for November 13, 2008.

  1. Yi: -4
  2. Trying to bottom out in this area: ACAS, ERIC, GM, LOW, NST
  3. Extremely oversold: CTB and FXF
  4. Trying to hold the 28 DMA here: EXP
  5. Anything posted here may be off base.

Update for November 12, 2008.

  1. Yi: -2.5
  2. Possible bottom here for: SKS
  3. Trying to bottom out in this area: FXP, KBE, LEN, MTH, NWL, PEP, TLB
  4. Extremely oversold: ACAS and JASO
  5. Standard oversold: GOOG and MBI
  6. Trying to hold the 28 DMA here: EXP, GPC, TOT, UGP
  7. Trying to hold the 65 DMA here: RGLD
  8. Trying to break above the 28 DMA: $VXO, ACH, AIG, FXI, PTR
  9. A break out in either direction on the way for: $GOLD
  10. Anything posted here may be off base.

Tuesday, November 11, 2008

Update for November 11, 2008.

  1. Yi: -2.5
  2. Trying to bottom out in this area: IWM
  3. Extremely oversold now: GM and TLB
  4. Trying to hold the 28 DMA here: BA, V, WOR
  5. Trying to break above the 28 DMA: AA, AEM, B, IFN, MEOH, SHI
  6. Trying to break above the 65 DMA: IDA and WGW
  7. Moderately overbought now: UGP
  8. Anything posted here may be off base.

Sunday, November 9, 2008

Update for November 10, 2008.

  1. Yi: -2
  2. Possible bottom here for: $BDI and IRF
  3. Trying to bottom out in this area: $WTIC, AMAT, ARM, AXB, BAC, BPZ, C, CAKE, CBK, CLF, CSIQ, DDM, EEFT, ELN, FCX, GE, GLW, GOOG, HMY, IBM, LMT, MKC, MMC, MOT, MSCC, NOK, PEG, PLL, PTEN, QQQQ, ROK, SPWRA, STX, SYY, TAN, TKR, TSL, TSM, URE, USD, UYG, V, VFC, WHR, WOR, WSO, WY, XLF
  4. Standard oversold: JASO
  5. Moderately oversold: $DJX, $IIX, $SOX, $SPX, AA, ACAS, ACH, BA, BNI, CREE, DVY, GPC, IWM, KBE, KFT, MBI, MCD, MER, MTH, PAYX, PBCT, PEP, USB, WFC, WHR
  6. Trying to hold the 28 DMA here: AAPL, AKNS, CTB, LOW, MFE, NST, NTES, OGE, PBW, PG, PNRA, T, TIE, TOT, WATG, WB
  7. Trying to hold the 65 DMA: BMY
  8. Trying to break above the 28 DMA here: $PLAT, VIX, $VXO, CEF, PLG, QID
  9. Trying to break above the 65 DMA here: KGC
  10. Moderately overbought now: WGW
  11. Anything posted here may be off base.

Friday, November 7, 2008

Update for Nov. 7, 2008.

  1. Yi: -3
  2. Trying to bottom out in this area: BPZ
  3. Moderately oversold now: BPOP
  4. Trying to break above the 28 DMA here: CEF and WGW
  5. Anything posted here may be off base.

Thursday, November 6, 2008

Update for Nov. 6, 2008.

  1. Yi: -1.5
  2. Moderately oversold: OGE
  3. Attempting to hold the 28 DMA here: GA
  4. Attempting to hold the 65 DMA: $VXO and EGO
  5. Trying to break above the 28 DMA: $XAU, AA, ABX, ACH, AEM, ASA, CAT, DELL, EWA, EWI, GDX, GE, GF, GFI, GG, KGC, LDK, LEN, LUFK, MTH, NEM, NWL, PGM, PLL, PTR, RGLD, UGP, WFR
  6. Moderately overbought: BGF
  7. Anything posted here may be off base.

Wednesday, November 5, 2008

Update for Nov. 5, 2008.

  1. Yi: +0.5
  2. Trying to bottom out in this area: $BDI, FXF, GM
  3. Trying to break above the 28 DMA here: $IIX, $SOX, ACAS, AIG, CHK, CLF, CPSL, CSIQ, ERIE, IBM, JASO, KO, MTH, NOK, PBW, PEP, PTEN, SLV, SPWRA, SU, TSL, WGW, WSO
  4. Trying to break above the 65 DMA: AKNS, BA, CTB, IDA, LUFL, MBI, MFE, MMC, NAT, PNRA, TIE
  5. Moderately overbought now: LDK, PAYX, WDC
  6. Anything posted here may be off base.

Tuesday, November 4, 2008

Update for Nov. 4, 2008.

  1. Yi: -0.5
  2. Trying to bottom out in this area: $GOLD weekly chart, PPC
  3. Moderately oversold: QID
  4. Trying to break above the 28 DMA here: $SPX, AKNS, AMAT, B, BGF, CBK, CSL, DDM, DVY, EEFT, ERIC, EWJ, FTO, IBM, IFN, IWM, IYY, KBE, LDK, LUFK, MER, MSCC, PBY, PG, PNRA, QQQQ, ROK, SDTH, SEED, SHI, TSM, USD, WATG, WSO
  5. Trying to break above the 65 DMA here: COGO, GTU, LOW, NAT, NTES, PBCT
  6. Anything posted here may be off base.

Monday, November 3, 2008

Update for Nov. 3, 2008.

  1. Yi: -1, and starting to get near the zero line, where the stock market sometimes stalls out.
  2. Attempting to hold the 28 DMA here: $VIX, $VXO
  3. Trying to break above the 28 DMA: $DJX, $SPX, $XOI
  4. More later. Anything posted here may be off base.

Friday, October 31, 2008

Update for Oct. 31, 2008.

  1. Happy Halloween!
  2. Yi: -1.5
  3. Probable bottom here for: STX
  4. Trying to bottom out in this area: $PLAT
  5. Attempting to hold the 28 DMA here: QID
  6. Trying to break above the 28 DMA now: $XOI, EWJ, GM, MMC, PLG, PNRA, SDTH, SUN
  7. Trying to break above the 65 DMA: GTU and T
  8. More later. Anything posted here may be off base.

Thursday, October 30, 2008

Update for Oct.30, 2008.

  1. Yi: -2.5
  2. Probable bottom here for: CAKE
  3. Trying to bottom out in this area: ACF, ARM, EXP, NYSE Summation Index, STX, TSL, WHR
  4. Attempting to break above the 28 DMA: $DJX, AAPL, B, BA, BNI, BPOP, COGO, EGO, FNM, FXF, GA, GM, GOOG, KFT, LOW, MBI, NAT, NOK, NTES, OCR, PAYX, PBCT, PG, QCOM, QID, SUN, TIE, TLB, TOT, V, WB, WDC, WFC, XLU
  5. Trying to break above the 65 DMA: BPOP, GPC, MCD, T
  6. Moderately overbought: GIS, NST, OGE
  7. Anything here may be off base.

Wednesday, October 29, 2008

Update Oct. 29, 2008.

  1. Yi: -2.5 (So we had a significant rally off the Yi -5 secondary low as predicted, but I still am not convinced the bear market is completely over yet longer term.)
  2. Probable bottom here for: $HGX, AKNS, ARM, AXB, BPZ, CAT, CPSL, EEFT, EWI, GF, PGM
  3. Possible bottom here for: CTB
  4. Trying to bottom out in this area: AEM, AIG, CHK, COGO, CSIQ, ERIE, GA, GM, LEN, LUFK, MKC, NAT, OCR, PBW, PBY, PLG, SHI, TAN, TPX, WATG, WFR, WOR, X
  5. Extremely oversold: EXP
  6. Moderately oversold: The gold weekly chart.
  7. Attempting to break above the 28 DMA here: JNJ and PEG
  8. Attempting to break above the 65 DMA: BMY
  9. Anything posted here may be off base.