YI: 0
Possible bottom here: UST
Trying to bottom out now: QLGC
Moderately oversold at this point: JNJ
Trying to hold some rising trend line support: CIEN, DJ-30, DUK, HAL, IFX, KO, MAY, MEX index, NSM, RADN, RGLD, RHB, SU, and WMB
Trying to hold some falling trend line support at this point: CDE, KLIC, KMX, RIG, and WOR
Trying to hold the 28 day moving average here: C, MO, MRK, MSFT, and PER
To no position for now: TASR
To hold: ARM, BMS, KGC, PDG, PVN, and SNDK
Trying to break above some falling trendline resistance at this point: Q, TASR, XLK, and YHOO
Trying to break above the 28 day moving average: ADP, CAKE, and TXU
Moderately overbought now: AMAT, API, JNPR, NXL, PETM, RHAT, and XEL
Possible top here: MCRS
To sell: SFA
Break out in either direction on the way: ARMF and CSTR
And of course, anything posted here may be way off base.
Friday, May 13, 2005
So once again, the YI failed to break above the zero line...
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