Tuesday, June 6, 2006

Daily Update 6/6/06

"Mark of the Beast Day"

YI: 0

Trying to hold some rising trend line support in this area is: ALEX, the E-Mini 500, GM, GR, GRZ, NWL, "the QQQQ beast", and SMTC
Now trying to hold some falling trend line support: DJ, ELY, and IBM
To a hold for now: PMCS
Trying to break above some falling trend line resistance now is: AHO, EWA, WMB, and XLU
Attempting to break above the 28 DMA here: MOT, NEM, NXL, SNE, and WB
Moderately overbought: C, NI, PEG, and STMP
Standard overbought at this level: CUP, ERF, and OGE
Extremely overbought now is: CPB
A possible top may be forming in this area for: CBK
To a sell: The XAU hourly at 11 AM yesterday.
Anything posted here may be completely off base.

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