Friday, October 21, 2005

Daily Update

YI: -1.5

Extremely oversold: NVLS
Oversold: SLR and TSS
Moderately oversold: LYO and NEM
Trying to hold rising trend line support: OEX index, OXY, WTZ and YAKC
To no position for now: The XCI index and the XAU hourly at 11 AM yesterday.
To a hold for now: CREE, NLY, PMCS and POM
Trying to break above falling trend line resistance: AMD, BBBY, BKS, ELY, FBR, JWN, MFE, PPG and SFA
Trying to break above the 28 DMA: BBBY, BMS, BTK index, DD, GLW, MSFT, PBI, PCL, 4Q, SGDE, and the XCI index.
Moderately overbought: CAKE, EMC, LMT, MRVL and WMB
Overbought now: MER, PNRA, RHAT and YHOO
Possible top here: AMZN, GYMB and TIE
Anything posted here may be off base...

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