Thursday, August 17, 2006

S&O's based on the closing prices of 8/16/06

YI: +1

To a buy: SMTC, SWC, and XMSR
A possible bottom may be forming in this area for: PDE
Standard oversold at this point: NTES
Trying to hold some rising trend line support: SHI and the XAU hourly.
Trying to break above some falling trend line resistance: ALEX, AMAT, BPOP, the BTK index, CLF, GLG, GLW, GM, INTC, LSI, MDC, MRK, RIO, SNE, USU, WOR, and XLF
Attempting to break above the 28 DMA here: ENER, HMY, JNPR, PLT, RHAT, STMP, and YHOO
Now up against some rising trend line resistance: AAUK, EWC, EWP, and KEA
Moderately overbought now: EMC, EWJ, MSO, and SCHW
Standard overbought at this point: JCP, PEG, TSS, and WMB
A possible top may be forming in this area for: AIG
Anything posted here may be off base.

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