Wednesday, December 14, 2005

Daily Update:

YI: +3.5

A possible bottom may be in place: BPOP
Now trying to bottom out: FDP, KO, and PPG
Moderately oversold at this point: AIG and VZ
Now trying to hold some rising trend line resistance: CLF, GR, NXL, PBY, PCL, PDG, UST, and WTZ
Attempting to hold the 28 DMA here: GG and TIE
To no position for now: AA
Now trying to break above some falling trend line resistance: CAT, EWP, IDA, and XLE
Now attempting to break above the 28 DMA: KEA, MU, SGP, SNDK, and XMSR
Moderately overbought here: MTU
Overbought at this level: EWQ, TRF, and WMB
Extremely overbought now: PHG
Now up against some rising trend line resistance: AMAT, APPB, and STMP
A possible top may be in place here: CHK and RIG
Probable top here: DO and PDE
A break out in either direction is on the way: JCP
And as is always the case of course, anything posted here may be off base.

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