Tuesday, October 18, 2005

Daily Update

YI: -0.5

To a buy: CREE, INTC, and POM
Possible bottom here: BBA, BMY, MDC, OGE, PLUG, SO, TE, TYC, the UTY index, WY, and XEL
Trying to bottom out: NI and XMSR
Extremely oversold: BPOP
Moderately oversold: The XOI index.
Trying to hold some rising trend line support: Heating Oil
Attempting to hold the 28 DMA at this point: The HUI index, PCU, PHI, and Q
Trying to break above some falling trend line resistance here: ANH, CARS, ENR, GOOG, GYMB, MVL, NSC, OCR, PTR, QCOM, RDC, SKS, TQNT, TRF, and YCC
Attempting to break above the 28 DMA here: The BKX index and RFMD
Moderately overbought now: SGP
Overbought: AAPL
Break out in either direction on the way: TLK
And remember, these are opinions only based on my TA work.

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