Thursday, July 20, 2006

Daily Update: 7/20/06

YI: -1.5

To a buy: AMD, BBBY, and HIT
Possible bootom here: AMN, MMC, PLT, and RADN
Trying to bottom out: DO, ELN, FBR, PDE, QQQQ, REDF, and RI
Extremely oversold: CAKE
Moderately oversold: GYMB and RIG
Trying to hold some falling trend line support: GOOG
Attempting to hold the 28 DMA here: GFI, gold, HMY, JOSB, PHI, and RNR
Trying to break above some falling trend line resistance: ALEX, BMS, BPOP, CLF, CY, DELL, ELY, IFN, IIT, IWM, LSI, MFE, MOT, NG, NLY, NVLS, RFMD, and SBUX
Attempting to break above the 28 DMA here: AIG and BKS
Moderately oversold now: MAT and MCD
More later.
Anything posted here may be off base.

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