Yogi Index: +1.5
Trying to bottom out here: CG, MAGS, and SFP
Trying to hold some rising trend line support: FTO, MU, NOK, and SO
Now trying to hold on to the 28 DMA: AMAT and SUNW
To no position for now: GYMB, LSI, NVLS, SMTC, SYMC, VRTS, and YCC
To hold for now: KMX and SSTI
Trying to break above some falling trend line resistance: BBA, BBBY, BHI, CAKE, CHK, EWQ, June Heating Oil, PHI, RHB, TYC, and TZOO
Trying to break above the 28 DMA now: CSTR, ECA, EWG, FDP, HMC, MAT, SLE, SUN, WMB, WY, and the XNG index.
Moderately overbought now: ACAS, BKX index, CTXS, E-Mini 500, GE, GYMB, IDA, IRF, IWM, KEA, MDT, MEX index, MSFT, NVLS, NXTL, OEX index, PBI, RFMD, SFY, SMTC, S&P-500, SSTI, STX, SYMC, WB, WGII, XCI index, XLK, YAKCE, and YCC
Overbought now: ALEX, BKS, ENER, ERICY, IIX index, JOSB, KO, MAY, PETM, RAI, SCH, SFA, TE, and VRTS
Up against some rising trend line resistance here: NFI
Possible top here: AMZN, CREE, DELL, JCP, JWN, LSI, MOT, NXL, OGE, STX, and TMO
Probable top here: GOOG and MSCC
And as is always the case of course, anything posted here may be way off base, or completely wrong for those of you not well versed in baseball lingo.
Monday, May 23, 2005
Many stocks and indices are now moderately overbought..
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