Thursday, May 25, 2006

Daily Update 5/25/06

YI: -1

A possible bottom may be forming in this area for: AMAT
Trying to bottom out: APPB, EWJ, FBR, MFLX, NXL, the 4Q, RFMD, TSS, and the YI
Standard oversold now are: CREE, the E-Mini 500, JWN, NSM, NVLS, the OEX index, PNRA, QCOM, RADN, SMH, STP, and VIGN
Moderately oversold at this point: AAPL, DVY, PETM, PMCS, and YCC
Trying to hold some rising trend line support here: EWP, GE, HIT, JOSB, PHI, PLL, SCHW, SKS, SNDK, SYMC, and XLU
Attempting to hold horizontal trend line support: BBBY
Trying to hold some falling trend line support: STX and WON
To no position: The XAU hourly at 3 PM yesterday.
To a hold for now: RGLD
Attempting to break above some falling trend line resistance here: The BTK index and PG
Attempting to break above the 28 day moving average is: TMO
Now up against some rising trend line resistance: CBK
Anything posted here may be off base.

No comments: