Thursday, April 21, 2005

Obviously, we are still in the process of bottoming out at this point.

YI: -2

To buy: CAT
Possible bottom here: EBAY and MMC
Trying to bottom out now: DBLE, F, and PVN
Moderately oversold at this point: HPQ and JCP
Trying to hold some falling trend line support: AA and APPB
Trying to hold the 28 day moving average: CPB
To no position for now: XAU hourly.
Trying to break above some falling trend line resistance: BPOP, CMI, GG, HUI index, KGC, KLIC, LSI, MTF, PBY, PDG, PPG, QCOM, SFA, and SWC
Trying to break above the 28 day moving average: ACAS, AEM, BCON, ECA, EELN, LU, MSCC, MSO, NOK, SFY, SNA, SNDK, and TQNT
Moderately overbought now: EMC, LSS, and RGLD
Up against some rising trend line resistance: DUK, JOSB, and NTES
Possible top here: FTO
Break out in either direction on the way: TMO
Anything posted here may be way off base of course.

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