Wednesday, November 23, 2005

Daily Update:

YI: +5

Possible bottom here: Heating Oil and NI
Trying to bottom out: IFX
Moderately oversold now: SNDK
Trying to hold some rising trend line support: ABS, ASA, MCRS, and UST
Trying to hold some falling trend line support: SYMC
Attempting to hold the 28 DMA: CGI, MCD, PETM, and THQI
To no position: BCON, MSFT, and RHB
Trying to break above some falling trend line resistance: ALEX, KEA, LSI, PMCS, QLGC, and SLE
Attempting to break above the 28 DMA: HLR and PLT
Moderately overbought now: BGF, BHI, BPOP, CPB, EOG, KMX, LMT, PBY, TRF, TZOO, USU, WOR, and XMSR
Overbought now: GE, IYM, MOT, MRK, MU, SNE, and the VXO
Extremely overbought now: STMP
Up against some rising trend line resistance: AIG, DVY, MER, NFI, and NST
Possible top here: CDE, the HUI index, NSM, OCR, and the XAU index.
And as is always the case of course due to the nature of technical analysis work, anything posted here could be off base a bit or a bit more.

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