Thursday, May 18, 2006

Daily Update 5/18/06

YI: 0

To a buy: PLT
Trying to bottom out: STX
Standard oversold: MRVL
Moderately oversold: AAPL, NEM, RFMD, SIFY, SPIR, TMO, WDC, and WMB
Trying to hold some rising trend line support: ABX, CHK, the E-Mini 500, EWD, EWP, EWQ, GG, GM, IIT, INTU, IYM, MG-136, PHG, RGLD, and XLY
Trying to hold horizontal trend line support: YHOO
Trying to hold falling trend line support: PBY and the XCI index.
Attempting to hold the 28 DMA here: BAC, IFR, and LYO
To a hold for now: MAT
Attempting to break above the 28 DMA here: MDT
Anything posted here may be off base.

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