Wednesday, May 11, 2005

Signals $ Opinions

YI: -0.5

To buy: SATC
Trying to bottom out here: CAKE
Trying to hold some rising trend line support: ASA, BMS, BMY, DRG index, GPC, PEG, PPG, and SO
Trying to hold the 28 day moving average: BKX index.
To no position for now: MSO and THQI
To hold for now: ASA, BGO, DD, HMC, HUI index, LU, PBY, SMTC, SVM, SWC, SYMC, TZOO, VRTS, and YCC
Trying to break above horizontal trend line resistance: MAY
Trying to break above some falling trend line resistance here: FBR, June Heating Oil, INTC, MCD, PBY, RI, RIG, RNR, the XOI index, and YCC
Trying to break above the 28 day moving average now: DJ, PCL, SVM, and THQI
Moderately overbought now: CSCO, DYN, IDC, JCP, LSI, PNRA, POM, PTR, SCH, SFY, SUN, TLK, TMO, and WDC
Overbought now: BA and JWN
Possible top here: FTO and SEE
To sell: XAU hourly at 1 PM yesterday.
Break out in either direction on the way: BCON and CREE
And as is always the case of course, anything posted here may be way off base.

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