Sunday, July 9, 2006

Daily Update for: 7/10/06

YI: -1

Trying to bottom out in this area: RHAT and SYMC
Standard oversold at this point: EBAY
Moderately oversold now: GLW
Trying to hold some rising trend line support here: CHINA, CMI, the DJ-30, GFI, HMY, MFE, RDC, TRF, and XLK
Trying to hold some falling trend line support: BKC, CAKE, CREE, ELY, IBM, and TTH
Attempting to hold the 28 DMA here: AMZN, FBR, TSS, and VZ
To a hold for now: CREE
Trying to break above some falling trend line resistance: JOSB and LMT
Attempting to break above the 28 DMA here: WHR
Now up against some rising trend line resistance: RNR
Moderately overbought at this point: The DRG index, gold, and TZOO
Standard overbought now: MO
Anything posted here may be off base.

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