Monday, July 31, 2006

Daily update based on closing prices of 7/28/06.

YI: +0.5

To a buy: AMZN, WTS, and the XAU hourly at 10 AM on Friday.
Possible bottom here for: JNPR and QCOM
Trying to bottom out now: GLW, LSS, and PNRA
Moderately oversold at this point: OCR and PPG
Trying to hold some rising trend line support: The dollar, SU, and WB
Trying to hold some falling trend line support: PCF, NTES, and USU
Trying to break above some falling trend line resistance: ASA, CAT, CSTR, EWD, EWK, GLG, HIT, HPQ, MSCC, SMTS, and STP
Attempting to break above the 28 DMA here: GT, IIT, SMH, and TSM
Moderately overbought now: NWL, PHI, and T2105
A possible top may be forming in this area for: MRK and NG
To a sell: TXU
Anything posted here may be off base.

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