Monday, July 18, 2005

Signals $ Opinions

YI: +2.5

Trying to bottom out here: BFLY and the XAU hourly chart.
Moderately oversold now: MCRS and WTZ
Trying to hold on to some rising trend line support here: AEM, ALEX, ASIA, AU, BCON, C, CCC, DUK, EBF, FTO, Heating Oil, KEA, KGC, NWL, OXY, PHI, Platinum, POM, RMBS, STX, TSS, WMB, the XNG index, and the XOI index.
Trying to hold some falling trend line support here: BBA
Attempting to hold on to the 28 day moving average: CARS, CSTR, ECA, GG, HAL, HMY, LSS, MAY, MSO, NXL, OXY, PER, POM, RIG, SPIR, and TIE
To no position for now: GM and MAGS
To hold for now: RMBS
Trying to break above some falling trend line resistance here: BA, GPC, KO, RNR, and VZ
Attempting to break above the 28 day moving average here: CPB, DD, GE, and SBUX
Moderately overbought now: AAPL, AC, AMAT, CSCO, ETS, HMC, IIX index, JDSU, MAGS, MSFT, RAI, SGP, SYMC, TQNT, and WB
Overbought now: BKX index, DELL, GM, GR, KLIC, and the XCI index.
Now up against some rising trend line resistance: AMZN and SCH
Possible top here: AMZN, IBM, INTU, MDC, MER, NDX index, the VXO, and the YI
Probable top here: GG
Break out in either direction on the way: SLR
And of course, as is always the case, anything posted here may be way off base.

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