Tuesday, February 7, 2006

Daily Update

YI: +2

Possible bottom here for: UST and XMSR
Trying to bottom out here: MDT and YHOO
Standard oversold at this point: AAPL and IBM
Moderately oversold now: CSCO, MOT, SNDK, the XCI index, and XLK
Trying to hold some rising trend line support: ABX, the BTK index, CAKE, the DJ-30, DO, the DRG index, ENER, EWC, FDP, GFI, GNSS, HMY, KMX, MER, PCU, PEG, and POM
Trying to hold some falling trend line support: LYO
Attempting to hold the 28 DMA here: AMTD, ELN, EWQ, FBR, GLW, MTU, OXY, and PDE
Trying to break above some falling trend line resistance now: DELL, DJ, JNPR, RNR, SGDE, and TYC
Attempting to break above the 28 DMA here: TSS and XRX
Now up against some rising trend line resistance: ENR
Moderately overbought now: The Dollar.
Extremely overbought: REDF
Possible top here: CY, MCD, NSC, SFY, and WHR
To a sell: The XAU index at 10 AM again.
And as is always the case of course, anything posted here may be more or less off base...

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