Tuesday, February 7, 2006

Daily Update

YI: +2.5

To a buy: The XAU hourly at 10 AM yesterday. (it is amzazing how many turning points have arrived at 10 AM the past six months or so)
Possible bottom here: NI and SYMC
Trying to bottom out here: C, GOOG, KEA, MO, MSO, TZOO, and UST
Standard oversold: AMZN and EBAY
Moderately oversold: ANH, AVP, BKS, DVY, FXE, the 4Q, and SUN
Trying to hold some rising trend line support here: ASA, CDE, F, GG, HPQ, JWN, MRVL, the OEX index, PBY, PPG, QCOM, TMO, and XLP
Trying to hold horizontal trend line support: YI
Now trying to hold some falling trend line support: GPC, INTU, KO, and NOK
Attempting to hold the 28 DMA: APPB, BMY, the BTK index, EOG, ERICY, EWU, JDSU, NXL, PDG, STMP, WB, and WOR
To no position for now: CHINA, CLF, and TRF
Now up against some rising trend line resistance: MCD, PDE, PHI, PMCS, SIFY, and WDC
Moderately overbought here: AHO
Possible top here: PNRA, SPIR, and TTH
A break out in either direction is on the way: TSY
And as is always the case, anything posted here may be way off base.

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