Wednesday, November 2, 2005

Daily Update:

YI: +0.5

To a buy signal: BPOP and MAT
Possible bottom here: ENER
Trying to bottom out now: QCOM and SPIR
Moderately oversold at this point: ABX and Heating Oil.
Trying to hold some rising trend line support: OGE, TSS, and the UTY index.
Trying to hold some falling trend line support: SGP
Attempting to hold the 28 day moving average: ASA
To no position for now: CSTR, DVY, and PLT
Trying to break above some falling trend line resistance here: AMTD, APPB, BGO, CAT, DBLE, GPC, JOSB, MVL, MSCC, NOK, OXY, the 4Q, TLK, XLK, and XRX
Attempting to break above the 28 day moving average: CY, IWM, NST, PG, PHG, PLL, POM, SFA, SKS, SNE, and TE
Moderately overbought now: AMD, API, BMS, CMI, GLW, GT, MOT, MRK, PLT, PPG, RIO, SUN, and UST
Overbought now: EWJ and PDG
Extremely overbought at this point: MER
Now up against some rising trend line resistance: AAPL and SYMC
Possible top here: SCH
To a sell signal: The XAU hourly at 10 AM yesterday.
Anything posted here may be off base.

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