Friday, July 8, 2005

Signals $ Opinions

YI: -0.5

Possible bottom here: AA, DRG index, LVLT, and MCD
Trying to bottom out here: CSCO, IYM, and MMC
Oversold now: JNJ
Moderately oversold now: ANH, BMY, EWA, EWG, EWJ, HMC, JDSU, MTF, OEX index, PNRA, SUNW, and TZOO
Trying to hold some rising trend line support: BMS, CMI, CSTR, ENR, ERICY, GM, KMX, NSM, OGE, PBY, RNR, TE, UTY index, and XMSR
Trying to hold some falling trend line support here: DJ-30, OXY, and SLE
Attempting to hold the 28 DMA: CARS, CPN, DYN, GLW, NTES, PER, RIO, SO, SVM, TLK, and XEL
To no position for now: FBR
To hold for now: MRK
Trying to break above some falling trend line resistance here: MAGS, MRVL, MU, RMBS, SPC, WTZ, and YHOO
Attempting to break above the 28 DMA here: CTXS, NVLS, PCU, and QLGC
Moderately overbought now: BGF, DJ, SCH, and SKS
Overbought now: ECA
Extremely overbought now: BR and FTO
Now up against some rising trend line resistance: BHI, ENR, and TRF
Possible top here: Heating Oil and LSI
Probable top here: ACAS and MEX
Break out in either direction on the way: SATC
And as is always the case, any of the signals or opinions posted here may be way off base...

No comments: