Tuesday, December 13, 2005

Daily Update Part 1:

YI: +3

Possible bottom here: ANH
Trying to bottom out now: ABS and CHINA
Attempting to hold the 28 DMA here: BBBY, BMS, CPB, CSCO, and DD
Attempting to hold the 100 DMA here: The US Dollar.
To a hold for now: ARM
Trying to break above some falling trend line resistance here: CCC and the DRG index.
Extremely overbought at this point: BR
Now up against some rising trend line resistance: CGI
Probable top signal here: ASA
A break out in either direction is on the way, but the downside is favored in my opinion: BA and BKS
Anything posted here may be off base.

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