Friday, June 9, 2006

Daily Update 6/9/06

YI: -1

To a buy: The XAU index at 1 PM yesterday.
Possible bottom here for: GG and NSM
Trying to bottom out in this area is: BMS, CAT, COP, the DJ-30, DO, the E-Mini 500, FCX, GFI, GPC, IFN, IYM, LSI, LSS, MG135, NOK, PCU, PNRA, PTR, RDC, RIO, the S&P-500, SPIR, STP, STX, SU, WGII, WHR, WTS, WY, the XAU index, and the XCI index.
Standard oversold at this point: AMN, EWJ, GLW, RGLD, TSM and the VXO
Moderately oversold: CMI, EWC, EWQ, GLG, PDE, RI, and X
Trying to hold some rising trend line support: ABX, BGF, heating oil, LYO, MU, NEM, OXY, RHAT, TXU, WDC, XLE, the XNG index, and the XOI index.
Trying to hold some falling trend line support at this point: ALEX, EOG, F, FTO, MG136, MTU, NTES, the OEX index, QQQQ, REDF, RFMD, RIG, SHI, SMH, SUN, THQI and WOR
Attempting to hold the 28 DMA here: BHI, CLG, CUP, ERF, GYMB, and SNA
Trying to break above some falling trend line resistance at this point: AAPL, CAKE, and LMT
Moderately overbought now: CGI
Anything posted here may be off base.

No comments: