Monday, November 14, 2005

Daily Update:

YI: +3.5

To a buy signal: The XAU hourly at noon on Friday, and NLY
Possible bottom here: F and GM
Trying to bottom out now: FTO, PLT, PTR, and WMB
Oversold here: ECA and SPC
Moderately oversold at this point: BHI, DO, EOG, LSS, OXY, SU, XLE, and the XOI index.
Trying to hold some rising trend line support here: ALEX, BR, CSCO, PDE, RADN, and TRF
Attempting to hold the 28 day moving average here: AVP, RDC, and RIO
To no position for now: QLGC, SMH, and SNDK
Now trying to break above some falling trend line resistance: ABX, AHO, AMAT, BPOP, CHINA, KMX, MDT, NWL, QLGC, RHB, SFA, TSY, USU, VZ, and WY
Now trying to break above horizontal trend line resistance: DJ-30
Attempting to break above the 28 day moving average: BMY, PMCS, POM, SLE, TYC, and XEL
Moderately overbought now: IFX, the VXO, and XLP
Overbought here: The BKX index and WB
Extremely overbought at this point: MCRS
Now up against some rising trend line resistance: Gold the precious yellow metal.
Possible top here: ELY, INTC, MOT, RAI, RMBS, and THQI
Anything posted here may be off base.

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