Wednesday, June 21, 2006

Daily Update 6/21/06

YI: -2.5

To a buy: The XAU hourly at 10 AM yesterday.
Trying to bottom out here: AVP and RFMD
Standard oversold at this point: MSO and PETM
Moderately oversold: Heating Oil
Trying to hold some rising trend line support: C, IWM, and PPG
Trying to hold some falling trendline support: BKC, MMC, OXY, PDE, RHAT, and SUN
Attempting to break above the 28 DMA here: NI and PEG
To a hold for now: INTC
Trying to break above some falling trend line resistance: CHC, MO, PBY, PTR, and the XAU index.
Attempting to break above the 28 DMA here: AAUK, ERICY, and SYMC
Moderately overbought at this point: INTU and PG
Standard overbought here: BGF
To a sell: The XAU hourly at 1 PM yesterday.
Anything posted here may be off base.

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