YI: +3.5
Trying to hold some rising trend line support: GE and PG
Attempting to hold the 28 DMA: C, EWC, EWI, and NST
To a hold for now: ANH
Trying to break above some falling trend line resistance here: ADP, CGI, CSTR, ERICY, GLW, and MSCC
Now attempting to break above the 28 DMA: CDE, JOSB, PLL, and PPG
Moderately overbought: ASA, GG, and PBY
Overbought at this level: JCP and LMT
Extremely overbought: IFN
Now up against some rising trend line resistance: IDA
Possible top here: AIG, CMI, CTXS, GR, IYM, KGC, NEM, NFI, and NSC
To a sell: MER
A break out in either direction is on the way: JDSU and NTES
And as is always the case, anything posted here may be more or less off base...
Wednesday, December 28, 2005
Daily Update Part 1
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2 comments:
YI does +4 or +5 equal don't buy?
What stocks are in your data base?
Check out feedburner.
thanks
Yes, a +4 reading generally means one might want to be cautious going all out long in the market, and a +5 reading, especially for two or three days in a row, or two or three +5's in a four to six day trading period generally means take profits on the market as a whole... (of course, individual stocks may do their own thing)
I will try and post all the stocks and trading vehicles in my database soon. Yogizuna
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