Friday, October 7, 2005

Signals & Opinions

YI: 0
A zero reading on the YI means the market is moderately oversold now.

Possible bottom here: CSTR
Trying to bottom out now: FBR, MSFT, NXL, PBI, PLT, RDC, SKS, and TYC
Oversold at this point: AA, ACF, the OEX index, and OGE
Moderately oversold now: BGO, BHI, CMI, CSCO, the DJ-30, DUK, DVY, IDA, IWM, IYM, LSI, MDC, the OSX index, PCL, PEG, RDC, SFY, the S&P-500, SWC, TE, the VXO, WGII, X, and XLE
Trying to hold some rising trend line support here: ALEX, the BTK index, EWC, EWI, KO, NTES, PCU, RAI, SFP, SMTC, SNA, SU, WOR, and XLE
Trying to hold some falling trend line support: AMAT, ANH, BMS, DD, FLEX, INTC, JNPR, LMT, NVLS, PTR, RFMD, and WDC
Attempting to hold the 28 DMA: AEM, AMTD, AU, CDE, ETS, EWJ, GG, NTES, PDG, SGDE, TIE, and the XAU index.
To hold for now: PETM and SPC
Moderately overbought here: BFLY
Break out in either direction on the way: BGF
All previous disclaimers apply to the above work.

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