Wednesday, January 4, 2006

Daily Update:

YI +5

To a buy here: F
Moderately oversold at this point: CREE, JDSU, NXL, and OCR
Trying to hold some rising trend line support: CAKE, CGI, MFE, NSC, SEE, SFA, and SGP
Trying to hold some falling trend line support: QCOM
Attempting to hold the 28 DMA: BA, CAT, INTU, NFI, NWL, STMP, and WY
To no position for now: SNDK
Now trying to break above some falling trend line resistance: AMTD, BPOP, C, CY, EWU, Heating Oil, IWM, MOT, PNRA, SPIR, THQI, XMSR, and XRX
Now trying to break above horizontal trend line resistance: The BTK index.
Attempting to break above the 28 DMA: SYMC
Now up against some rising trend line resistance: RGLD
Anything posted here may be more or less off base.

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