Friday, November 4, 2005

Daily Update:

YI: +2

To a buy signal: GR and HLR
Possible bootom here: LU
Moderately oversold now: JNJ and MFE
Trying to hold some rising trend line support here: FDP, SGDE, SO, TTH, and the VXO
To no position for now: ELY
To hold for now: QLGC
Trying to break above some falling trend line resistance: AMAT, CDE, EBF, Heating Oil, the HUI index, IRF, IWM, MSO, PTR, SLE, XMSR, and YCC
Attempting to break above the 28 day moving average: ABY, ACF, AEM, ANH, CSCO, DBLE, EWI, LSI, LSS, MAT, MDC, NFI, PMCS, QLGC, RGLD, TSY, and WY
Moderately overbought now: AMN, ARM, BGO, BHI, BKS, CGI, CY, EBAY, ELY, EWU, GG, GPC, HAL, HPQ, JNPR, JOSB, the MEX index, MSFT, NOK, NTES, Q, THQI, X, XLB, and XRX
Overbought at this point: AIG, GYMB, MRVL, NSC, and STMP
Now up against some rising trend line resistance: The IIX index and the S&P-500.
Possible top here: AC, AMD, BBBY, BMS, CTXS, FCX, GLW, IYM, MCRS, MTU, PDE, RIO, WHR, and YHOO
A break out in either direction is on the way: CHC, KO, and the XAU index.
Anything posted here may be off base.

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