Monday, August 21, 2006

S's & O's based on the closing prices of 8/18/06

YI: +1.5

GFI is trying to bottom out in this area.
OCR and SU are now moderately oversold.
Trying to hold some rising trend line support: AAUK, EWU, GLG, and heating oil.
Attempting to hold the 28 DMA here: CDE, DJ, FTO, PHI, and PTR
To no position: CAKE, EBAY, and JOSB
Trying to break above some falling trend line resistance: BKC and CMI
Attempting to break above the 28 DMA here: GYMB, IFN, MDC, MMC, NSC, PLT, PNRA, and RADN
Now up against some rising trend line resistance: CHC
Now moderately overbought: AMD, BKS, the BKX index, the BTK index, CY, EBAY, IWM, JOSB, MTU, PLL, RHAT, RI, RNR, TYC, TZOO, and WTS
Standard overbought at this point: LYO, MCD, MOT, NXL, PHG, and THQI
A possible top may be forming in this area for: AMN, CSTR, JCP, LMT, and WB
Anything posted here may be off base.

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