Tuesday, June 27, 2006

Daily Update for: 6/28/06

YI: -3

Trying to bottom out: AMD and DJ
Trying to hold some falling trend line support: EMC, MRVL, and SYMC
Trying to break above some falling trend line resistance: ECA, MCRS, MG136, TKR, TYC, and XLE
Attempting to break above the 28 DMA: ABX, BMS, CSTR, DO, EWC, FCX, IYM, MTU, NEM, NFI, PCU, PDE, WGII, WY, and XMSR
Up against some rising trend line resistance: OGE
Moderately overbought: CLG, CMI, ELN, EOG, ERF, FBR, FTO, LSS, N, OXY, X, the XOI index, and YHOO
Standard overbought: KMX
Possible top here: AU
To a sell: The XAU index at noon on the 27th.
A break out in either direction is on the way: ADP and BAC
Anything posted here may be off base.

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