Friday, November 11, 2005

Daily Update:

YI: +3

Trying to bottom out: DELL, ENER, ENR, NLY, and SGP
Extremely oversold now: GM
Oversold at this point: NTES
Moderately oversold: KEA and PBY
Now trying to hold some rising trend line support: BHI, CAKE, and EWJ
Now attempting to hold the 28 DMA: HPQ
To no position for now: BBBY
Now attempting to break above some falling trend line resistance: AU, CAT, CIEN, CPB, GPC, the OEX index, RI, SEE, and SMH
Trying to break above the 28 DMA: MFE and NEM
Moderately overbought now: AMAT, ASA, GFI, HIT, and HMY
Overbought now: ACAS, MOT, and PHI
Now up against some rising trend line resistance: AIG, Gold, and the S&P-500
To a sell signal: The XAU hourly at noon yesterday.
A break out in either direction is on the way: CREE and POM
More later...
Anything posted here may be off base.

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