Thursday, November 3, 2005

Daily Update:

YI: +1.5

The XAU hourly went to a buy signal at 10 AM yesterday.
Possible bottom here: AMAT, FBR, GR, NSM, and NVLS
Trying to bottom out here: ABX
Moderately oversold at this point: BA
Trying to hold some rising trend line support here: CHK, EWI, LMT, LVLT, NI, PG, POM, RHB, TXU, and WY
Trying to hold some falling trend line support: AHO, Goldfinger's favorite metal, KLIC, and MSO
Attempting to hold the 28 day moving average: MDT
To a hold for now: RNR
Trying to break above some falling trend line resistance: ASA, BCON, GT, the IIX index, NST, OCR, RI, SFY, SGDE, SSTI, and TKR
Attempting to break above the 28 day moving average:CAT, DUK, PTR, and XLU
Moderately overbought now: JWN and TRF
Overbought now: MCRS
Extremely overbought at this point: GOOG and YHOO
Up against some rising trend line resistance: CTXS
Possible top here: CMI and OXY
Probable top here: TIE
Anything posted here may be off base.

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