Monday, December 19, 2005

Daily Update:

YI: +4

Possible bottom here: TSY
Trying to bottom out: JNPR
Now oversold: GNSS
Moderately oversold: CLF
Now trying to hold some rising trend line support: AA, DO, ECA, EWA, MSFT, NVLS, RFMD, and SUN
Attempting to hold the 28 DMA here: ARM, Gold the bullion, PDG, SSTI, STMP, TKR, WGII, the XCI index, and XLK
To no position for now: STX
Now trying to break above some falling trend line resistance: ERICY, FDP, IBM, and NI
Moderately overbought at this point: EBAY and EWP
Overbought now: AMD, EWI, GT, MO, and PEG
Now up against some rising trend line resistance: EWJ, GE, and Q
A possible top in this area: AVP, BGF, the IIX index, and WB
To a sell: BHI
And of course as is always the case, anything posted here may be way off base.

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