Thursday, June 29, 2006

Daily Update 6/29/06

YI: +2.5

To a buy: ALEX, GT, and the XAU hourly.
Possible bottom here: PHI
Trying to bottom out: AMAT, BBBY, EBAY, IBM, NSM, and SMH
Moderately oversold: The BTK index, JNPR, and YCC
Trying to hold some rising trend line support: AEM, BGF, ENR, EWC, IYM, LSS, RIO, SHI, WY, XLB, and XRX
Trying to hold horizontal trend line support: SEE
Trying to hold some falling trend line support: AMTD, CAKE, the DRG index, MOT, QQQQ, and STMP
Attempting to hold the 28 DMA: AHO
To a hold for now: RMBS
Trying to break above some falling trend line resistance: FDP, GLW, the S&P-500, and SU
Attempting to break above the 28 DMA: LYO, MTU, OCR, SUN, and VIGN
Moderately overbought: SFY
Anything posted here may be off base.

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