Friday, June 10, 2005

Signals $ Opinions

YI: +2

To buy: XAU hourly.
Possible bottom here: ENER, JNJ, SGP, and SNDK
Trying to bottom out: CTXS and IBM
Moderately oversold now: ADP, DRG index, MCD, and WB
Trying to hold some rising trend line support: BFLY, C, CCC, EBAY, EWJ, LVLT, NEM, NI, NST, RMBS, RNR, SBUX, SO, STMP, TIE, WGII, and the XAU index.
Trying to hold some falling trend line support: ENER and THQI
Trying to hold the 28 DMA: ABS, ACAS, ALEX, AMZN, ASA, AU, BGO, CAKE, CBK, CDE, CPB, EBAY, FCX, June Gold, GR, IDC, JNPR, KEA, MVL, OEX index, PMCS, 4Q, RFMD, SLR, TASR, WHR, WTZ, XMSR, YCC, and YHOO
To no position: BTK index, FTO, IRF, MAY, MRVL, OXY, UST, the VXO, WHR, and the XNG index.
Trying to break above some falling trend line resistance: CG, MU, T, and XRX
Trying to break above the 28 DMA: MAT and RHB
Moderately overbought now: CG and PCL
Overbought now: ARM and ECA
Extremely overbought now: PTR
Possible top here: EWA and TE
Break out in either direction on the way: BKX index, GLW, and LYO
Anything posted here may be way off base of course.

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