Tuesday, August 22, 2006

S's & O's based on the closing prices of 8/22/06

YI: +1

Trying to bottom out in this area: NTES
Standard oversold at this point: ARM
Moderately oversold now: BA, CIG, PDA, and SHI
Trying to hold some rising trend line support: EWJ, EWP, FXE, MMC, MRVL, PHG, SBUX, and STP
Attempting to hold the 28 DMA here: F
Trying to break above some falling trend line resistance: AAPL, CHK, FDP, Q, and the XAU index.
Attempting to break above the 28 DMA here: BKC
Now up against some rising trend line resistance: KGC and MG135
Anything posted here may be off base due to human error.

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