Tuesday, August 15, 2006

Here are the rest of today's S&O's.

RMBS is trying to form a bottom.
JNPR, LSI, MDC, and SWC are trying to bottom out at least temporarily.
FDP and PBY are extremely oversold.
ENER and WY are standard oversold.
CUP and OGE are moderately oversold.
GM, GRZ, GT, MRVL, RGLD, the XAU index, and XLE are trying to hold some rising trend line support.
SIFY is trying to hold some falling trend line support.
ERF and FXE are attempting to hold on to the 28 DMA.
CAKE, CREE, ELY, GE, IBM, JWN, MCRS, PEG, QCOM, QQQQ, RHAT, STMP, TYC, TZOO, and the XCI index are trying to break above some falling trend line resistance.
PLL is trying to break above the 28 DMA.
CSTR is moderately overbought.
CPB, GNSS, and MO may be forming a top here.
EWJ and MTU should have a breakout in either direction coming up.
Anything posted here may be off base.

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