Sunday, November 6, 2005

Daily Update:

YI: +2

Possible bottom here: GM
Trying to bottom out now: FLEX, JNJ, and SYMC
Extremely oversold at this point: AHO
Moderately oversold now: FDP and LMT
Trying to hold some rising trend line support here: BGO, CMI, EWI, HMC, LSS, PPG, STMP, TIE, WHR, and WTZ
Now trying to hold some falling trend line support: NI and NLY
Now attempting to hold the 28 day moving average: GG and WOR
To no position for now: RI and TASR
To a hold for now: MAT
Trying to break above some falling trend line resistance here: PLUG and the YI
Now attempting to break above the 28 day moving average: AMCC, HIT, IFX, MMC, OGE, TYC, and YCC
Moderately overbought now: AVP, IWM, PHG, STX, TASR, and XLK
Overbought at this point: The BTK index, CAKE, and the Dollar.
Possible top here: AMTD, APPB, CAKE, JWN, MRVL, PNRA, and the 4Q.
A break out in either direction is on the way: CDE, the HUI index, and LYO
Anything posted here may be off base.

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