Monday, November 21, 2005

Daily Update:

YI: +4.5

To a buy signal: ENR and SGP
Possible bottom here: DBLE, KEA, and PLT
Trying to bootom out now: ARM, and SYMC
Some rising trend line support here: HMY and the VXO
Attempting to hold the 28 DMA: ACAS, AMAT, ERICY, and GT
Trying to break above some falling trend line resistance: DELL, KGC, NVLS, PBY, PEG, RFMD, and WOR
Attempting to break above the 28 DMA here: BHII, CCC, EWI, IRF, and MDC
Moderately overbought now: ACF, BBBY, BMS, CBK, CDE, GG, GLW, HMC, NEM, OGE, PG, RGLD, SFY, SNA, SUN, TYC, VZ, and WDC
Overbought now: ASA, AU, BKS, GFI, Gold the pretty yellow stuff, HIT, the HUI index,
JOSB, MSFT, the 4Q, SEE, SFA, and WHR
Extremely overbought now: The IIX index and INTU
Now up against some rising trend line resistance: X
Possible top here: AEM, CAT, EWJ, FCX, GLW, PCU, PDE, SBUX, SFA, STX, and SWC
Probable top here: IBM and TIE
A break out in either direction is on the way: ALEX and MFE
And as is always the case of course due to the nature of technical analysis work, anything posted here could be off base.

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