Thursday, January 19, 2006

Daily Update:

YI: +4

A possible bottom may be in place here: HMC and TYC
These are trying to bottom out now: F, REDF, and TSS
Moderately oversold at this point: DBLE, LYO, PETM, and XMSR
Now trying to hold some rising trend line support: BA and SCHW
Trying to hold some falling trend line support here: EWI
Attempting to hold the 28 DMA: CLF, the E-Mini 500, the DJ-30, GOOG, IFX, the OEX index, PHI, the 4Q, the S&P-500, VZ, the XCI index, and XLK
To no position for now: The IIX index and SNE
Now attempting to break above some falling trend line resistance: JNPR, OGE, SGP, and UST
Attempting to break above the 28 DMA: BPOP, NI, and WOR
Now up against some rising trend line resistance: AU, GLW, RFMD, and RIO
Moderately overbought now: MSO and XLU
Now extremely overbought: CTXS and PEG
A possible top may be in place here: MDT
Probable top here: AMN and ENER
To a sell: The XAU hourly.
A break out in either direction is on the way: PCU
And as is always the case, anything posted here may be more or less off base.

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