Wednesday, November 30, 2005

Daily Update:

YI: +4

Trying to bottom out: MFE
Moderately oversold now: ABS and TASRE
Trying to hold some rising trend line support here: AMTD, BAC, C, CHINA, FBR, IWM, LSS, MMC, the OEX index, PPG, RDC, the S&P-500, THQI, and the XOI index.
Attempting to hold the 28 DMA now: CSTR, CTXS, the Dollar, ELY, TRF, and USU
To no position for now: DELL, EWP, and SNE
To a hold for now: ERICY
Trying to break above some falling trend line resistance here: CSCO
Attempting to break above the 28 DMA at this point: DBLE and SPIR
Now moderately overbought: ENR, MCD, and MSO
Now overbought: BGF, CAKE, PCL, TTH, and X
Up against some rising trend line resistance: VZ
Possible top here: DUK, Gold, HIT, and NEM
A break out in either direction is on the way: GM, LMT, and MTU
And as is always the case of course, anything posted here could be off base due to human error.

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