Friday, July 21, 2006

Daily Update Part II for 7/21/06

Now extremely oversold: RMBS
Standard oversold: YHOO
Trying to hold some falling trend line support: NSM and PNRA
To no position for now: MAT
Trying to break above some falling trend line resistance: KO, MDT, PTR, RIO, TSM, TTH, WDC, XLF, and XLK
Attempting to break above the 28 DMA here: MU, the OEX index, RFMD, RHAT, SLE, SYMC, TTH, and UMC
Up against rising trend line resistance: NST, OGE, POM, and TXU
Moderately overbought: MRK, NFI, NXL, STX, SVU, THQI, TSS, and XLP
Standard overbought: PEG
Possible top here: XLU
Anything posted here may be off base.

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