Sunday, August 27, 2006

S's & O's based on the closing prices of 8/25/06

YI: +0.5

A possible bottom may be forming in this area for: SKS
Trying to bottom out now: CAKE, NTES, RIO, and STMP
Moderately oversold at this point: BBBY, CAT, CGI, JWN, NSC, PHI, SHI, and SNE
Trying to hold some rising trend line support: AA, AMN, CDE, CHC, EWG, GYMB, MG135, PCU, PEG, SLV, and VIGN
Attempting to hold the 28 DMA here: AAUK, BKS, EWA, FXE, HMC, IWM, MCD, RFMD, RI, TCM, and WTS
Trying to break above some falling trend line resistance here: AAPL, the DRG index, and SMTC
Attempting to break above the 28 DMA: DO
Now up against some rising trend line resistance: KO
Moderately overbought at this point: AMAT and FDP
Standard overbought now: ERF
A break out in either direction is on the way for: DELL, NST, Q, SPC, and TIE
Anything posted here may be off base due to human error.

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