Wednesday, October 12, 2005

Daily Update:

YI: -1

To a buy: AA and WDC
Possible bottom here: OXY
Trying to bottom out here: ALTI, ARM, EWU, GPC, PTR, and USU
Extremely oversold now: GM
Oversold now: MSFT
Moderately oversold at this point: ALEX, AMCC, JOSB, MEX index, MSCC, NSM, and RAI
Trying to hold some rising trend line support: EWD, JDSU, LU, PETM, and QLGC
Trying to hold some falling trend line support: INTU and KO
Attempting to hold the 28 DMA here: AMD, AMN, MER, MMC, and SNA
To a hold for now: HLR and YCC
Trying to break above some falling trend line resistance here: DD, GG, KGC, LYO, PBI, PBY, RIG, and SEE
Attempting to break above the 28 DMA here: AHO, EOG, JCP, and NTAP
Overbought now: AU and HMY
Up against some rising trend line resistance here: PHI
Possible top here: ASA
All of the previous disclaimers apply to the above signals and opinions.

No comments: