Thursday, January 19, 2006

Daily Update:

YI: +3.5

A possible bottom may be in place here: AMZN and FDP
Trying to bottom out at this point: ARM, GM, SGDE, and TYC
Oversold now: INTC and YHOO
Moderately oversold: KO, MFE, MTU, REDF, TSS, the XAU hourly, and YCC
Now trying to hold horizontal trend line support: GR
Now trying to hold some rising trend line support: AHO, APPB, CMI, CSTR, the DJ-30, EWC, EWJ, IFN, JDSU, KMX, MSCC, N, SMH, and TASR
Trying to hold some falling trend line support: BA, C, MFE, and TSY
Attempting to hold the 28 DMA here: CBK, CSCO, the DRG index, ELY, EWD, EWP, EWQ, FBR, HIT, IYM, MO, SPC, UST, XLF, and XRX
To no position for now: RHAT
Now trying to break above some falling trend line resistance: ECA, Heating Oil, and the VXO
Now up against some rising trend line resistance: EOG
Moderately overbought now: CHINA
Extremely overbought here: PTR and SU
A possible top could be here: POM and the XOI index.
Probable top in place: KGC and the XNG index.
To a sell: TRF
And finally, a break out in either direction is on the way for: NST
Anything posted here may be more or less off base.

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