Monday, May 9, 2005

Resistance at the YI zero line holding so far.

YI: -0.5

Possible bottom here: AC
Trying to bottom out here: PMCS
Moderately oversold now: TSS and TXU
Trying to hold some rising trend line support: CHINA, GE, NSC, and VZ
Trying to hold the 28 DMA: SGDE
To no position for now: ALEX, BBA, KEA, and MMC
To hold for now: CSTR, DJ, GYMB, and HIT
Trying to break above some falling trend line resistance: ALEX, ASIA, CBK, DELL, EBAY, ENR, IYM, KLIC, NDX index, NTAP, SCH, SNE, TRF, and the XNG index.
Trying to break above the 28 DMA: CHK, DJ-30, FCX, GYMB, HIT, IFX, OEX index, OSX index, PLUG, Q, SLE, SYMC, and XMSR
Moderately overbought now: BBA, EWJ, IIX index, INTC, MVL, SBUX, SU, and WTS
Overbought now: EOG, JOSB, and MO
Possible top here: NI and NOK
To sell: DRG index.
Break out in either direction on the way: ADP
Anything posted here may be way off base of course.

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