Friday, March 30, 2007

PXD may need to correct here.


Based on the close of 3-29-07.

  1. YI: +1
  2. Trying to bottom out: AMN, CFC, IYR, MDC, and RNR
  3. Standard oversold: IRF and TOL
  4. Moderately oversold: AEM, ALD, BBBY, the BKX index, CPB, the DRG index, OMN, and WB
  5. Trying to hold some rising trend line support: AIG, CSTR, DELL, GPC, QLGC, ROK, and SVU
  6. Trying to hold falling trend line support: HMC, NTES, and WDC
  7. Attempting to hold the 28 DMA here: AVP, DVY, the OEX index, QQQQ, SBUX, SNE, and the S&P-500
  8. Now up against some rising trend line resistance: BKS and THQI
  9. Standard overbought: OXY and SU
  10. Toppy here: PXD
  11. Anything posted here could be off base.

Thursday, March 29, 2007

HIT looks like it needs to correct a bit.


Based on the close of 3-28-07.

  1. YI: +0.5
  2. Standard oversold: MDT
  3. Trying to hold some rising trend line support: ERIC, GE, GGB, JWN, PHG, RHT, RI, SNA, TYC, WHR, and XMSR
  4. Trying to hold falling trend line support: THQI
  5. Trying to break above some falling trend line resistance: ERS, MU, OXY, and SPC
  6. Moderately overbought: SFY
  7. Standard overbought: PXD
  8. A possible top may be forming here for: EOG
  9. Toppy here: ECA, FCX, and HIT
  10. A break out in either direction is on the way for: CAKE, DJ, and F
  11. Anything posted here could be off base.

Tuesday, March 27, 2007

SNDK seems to be a bit overbought here.


Based on the close of 3-27-07.

  1. YI: +1.5
  2. To a buy: INTU
  3. Trying to bottom out now: JNJ and RADN
  4. Trying to hold some rising trend line support: CHC, CPB, ENER, FDP, GRZ, IDA, KEA, KO, LRW, LUFK, NOK, Q, RDC, and TKR
  5. Trying to hold falling trend line support: AMN
  6. Trying to break above some falling trend line resistance: ECA, FRO, and the VXO
  7. Attempting to break above the 28 DMA here: CDE, PTR, and QLGC
  8. Now up against some rising trend line resistance: MU
  9. Moderately overbought: CBK, CSTR, EBAY, ECA, IIT, OGE, PHI, and PTEN
  10. Standard overbought now: The XOI index.
  11. Toppy here: BHP and SNDK
  12. Anything posted here could be off base.

Late again because of Blogger's "captcha answer" problem. This is getting old real quick... Based on the 3-26-07 close.

  1. YI: +2.5
  2. A possible bottom may be forming in this area for: INTU
  3. Trying to hold some rising trend line support: CSCO, GLW, the IIX index, IRF, NX, PLT, and TMO
  4. To a hold for now: BPOP
  5. Trying to break above some falling trend line resistance: BHI and LSS
  6. Attempting to break above the 28 DMA here: IDA
  7. Now up against some rising trend line resistance: ALEX, GYMB, and OXY
  8. Moderately overbought: LUFK, MCD, MMC, RGLD, and RMBS
  9. Toppy here: CMI, GR, MTD, and PBY
  10. Anything posted here may be off base.

Monday, March 26, 2007

CLF seems a might toppy here, I'll garentee ya that!


Based on the close of 3-23-07.

  1. YI: +2.5
  2. A possible bottom may be forming here for: SPC
  3. Trying to bottom out: MEOH
  4. Trying to hold some rising trend line support: IYR, LSI, RFMD, and RIO
  5. Trying to hold falling trend line support: IRF and MOT
  6. Trying to break above some falling trend line resistance: The BTK index, CAT, CSL, ERF, IFN, LRW, PDE, PHI, PNRA, and VZ
  7. Attempting to break above the 28 DMA here: ALD, BAC, BPOP, GOOG, STX, and WTS
  8. Now up against some rising trend line resistance: CPB and GNSS
  9. Moderately overbought: COP, JCP, NWL, OXY, PXD, RHT, SGP, SKS, SU, WB, WMB, and the XAU index.
  10. Standard overbought: ADP, FTO, RIG, USU, XLE, and the XNG index.
  11. Extremely overbought: WGII
  12. Toppy here: CLF, CMC, EOG, EWP, GT, GYMB, RI, and SNE
  13. Anything posted here could be off base.

Friday, March 23, 2007

The VXO is starting to look bearish again.


Based on the close of 3-22-07.

  1. Things still look pretty bearish in my opinion, with a lot of stocks and indices trying to break above resistance areas.
  2. YI: +2.5
  3. Trying to bottom out: VXO (bearish)
  4. Trying to hold falling trend line support: INTU
  5. Trying to break above some falling trend line resistance: CBK, CDE, CGI, EON, EWP, EWU, GFI, HMN, IFN, KMX, MRK, NBR, PG, PHG, RNR, SGP, SIFY, SNE, SYY, and the XCI index.
  6. Attempting to break above the 28 DMA here: ACF, AMN, AMTD, APPB, ARM, BMS, DELL, EXP, HPQ, IBM, JPM, JWN, LUFK, MDC, MER, RGLD, TOL, WHR, and WON
  7. Now up against some rising trend line resistance: AU, CSTR, the DRG index, ECA, ENR, EWD, GE, GM, IYR, SLE, TMO, and TTH
  8. Moderately overbought here: ASA, the BTK index, CAT, CHK, CUP, the DJ-30, DO, ENER, ERIC, EWI, EWJ, EWQ, FRO, GGB, GLD, GPC, IWM, JNPR, KEY, KGC, KO, MSCC, NST, the OEX index, QQQQ, SEE, SHI, the S&P-500, TASR, TIE, TKR, TSM, TSS, TYC, UGP, WIRE, XLK, XLP, and YHOO
  9. Standard overbought now: AAPL, AAUK, BHP, CLF, CMI, EWA, EWD, IYM, NOK, NX, PBY, PCU, PLT, SNDK, SUN, SVU, X, XLB, and XLU
  10. Toppy here: EWG, GLW, IDU, and PLL
  11. A break out in either direction is on the way for: PTR
  12. Anything posted here could be off base.

Thursday, March 22, 2007

QLGC to an initial buy here.


Based on the close of 3-21-07.

  1. YI: +2.5
  2. To a buy: BLG, BPOP, QLGC, and STMP
  3. Standard oversold: MEOH
  4. Moderately oversold: RFMD and WY
  5. Trying to break above some falling trend line resistance: AU, BAA, C, CTCI, DELL, EWC, JNPR, LYO, MTU, PTEN, PTR, SMTC, and WOR
  6. Attempting to break above the 28 DMA here: AIG, BHI, OCR, SYMC, and SYY
  7. Moderately overbought now: DVY, EWG, RDC, RI, and THQI
  8. Anything posted here could be off base.

Wednesday, March 21, 2007

GM is trying to bottom out.


Based on the close of 3-20-07.

  1. YI: +1
  2. Trying to bottom out: BPOP and GM
  3. Moderately oversold now: STP
  4. Trying to hold some rising trend line support: CAKE, OMN, and PTR
  5. Trying to hold falling trend line support: CDE and MEOH
  6. Attempting to hold the 28 DMA here: MSCC
  7. Trying to break above some falling trend line resistance: AMN, BHP, BMY, BVN, CHK, CMC, CSCO, ENER, JNJ, MOT, RMBS, SFY, and the XOI index.
  8. Attempting to break above the 28 DMA here: ABX, ACAS, AMZN, CORS, CSCO, NEM, SLV, the S&P-500, SWC, TMO, and XLK
  9. Moderately overbought now: ELY, GR, GYMB, HMY, LRW, LSI, MCRS, MTD, and PDE
  10. Standard overbought here: RIO and TZOO
  11. Anything posted here could be off base.

Tuesday, March 20, 2007

IRF is trying to bottom out.


  1. YI: +1.5
  2. Trying to bottom out now: IRF
  3. Standard oversold: HMC and RNR
  4. Moderately oversold: ENR
  5. Trying to hold some rising trend line support: COP and CREE
  6. Trying to hold falling trend line support: MRVL
  7. Attempting to hold the 28 DMA here: NSM
  8. To a hold for now: MU
  9. Trying to break above some falling trend line resistance: ACAS, APPB, BAC, GOOG, JPM, MDT, SU, THQI, TIE, TKR, WMB, and X
  10. Attempting to break above the 28 DMA here: AU, ELN, ERIC, EWQ, EWU, FRO, SBUX, WB, the XAU index, and YHOO
  11. Now up against some rising trend line resistance: GT
  12. Moderately overbought now: CMC, FCX, and JOSB
  13. Standard overbought: PD and WGII
  14. Toppy here: BGF
  15. A break out in either direction is on the way for: WOR
  16. To no position for now: GT
  17. Anything posted here could be off base.

Monday, March 19, 2007

JNJ is trying to bottom out.


Late today because Blogger is not working well with Opera. Based on the close of 3-16-07.

  1. YI: 0
  2. Trying to bottom out: JNJ
  3. Standard oversold: ERF and GM
  4. Moderately oversold: APPB
  5. Trying to hold some rising trend line support: JWN and NWL
  6. Trying to break above some falling trend line resistance: ALEX, BKX, BLG, CDE, CORS, CPB, EMC, FCX, GE, HMY, JCP, MER, MSCC, the OEX index, PTR, QLGC, the S&P-500, TMO, and the VXO
  7. Attempting to break above the 28 DMA here: AAUK, AEM, ASA, CGI, CSTR, EBAY, EON, GFI, GLD, KGC, PHG, and RDC
  8. Now up against some rising trend line resistance: ENER and IDU
  9. Moderately overbought now: ACAS, BA, BHP, BVN, GLW, PBY, and QCOM
  10. Standard overbought: PLL
  11. Extremely overbought: HIT
  12. A break out in either direction is on the way for: AMAT, LMT, NBR, PTR, and X
  13. Anything posted here could be off base.