Wednesday, June 14, 2006

Daily Update 6/14/06

YI: -3.5, so the market is starting to become significantly oversold.

To a buy: INTC
Possible bottom here: IFN and KEA
Trying to bottom out in this area: CMI, EBAY, GLG, JOSB, RADN, and XMSR
Extremely oversold now: JDSU
Standard oversold at this point: DO, EMC, EOG, ERICY, NSC, QCOM, TRF, and the XAU index.
Moderately oversold: FXE
Trying to hold some rising trend line support: AHO, CGI, CLG, CUP, ECA, EWD, FBR, GG, NG, NOK, TTH, TZOO, and X
Trying to hold some falling trend line support here: AA, AAPL, CHC, IIT, PCU, and WOR
Attempting to hold the 28 DMA here: BMY and MDT
To a hold for now: AMTD
Trying to break above some falling trend line resistance: PEG and SVU
Now up against some rising trend line resistance: OGE
Anything posted here may be off base.

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