Wednesday, August 9, 2006

Update based on closing prices of 8/8/06

YI: -1

Standard oversold: BMY
Moderately oversold: ERICY and HMY
Trying to hold some rising trend line support: AU, FXE, NSM, and XLU
Trying to hold some falling trend line support: SWC
Attempting to hold the 28 DMA here: COP, INTU, and SCHW
Trying to break above some falling trend line resistance: The VXO and YHOO
Attempting to break above the 28 DMA here: APPB, BGF, and SEE
Moderately overbought: Heating oil.
Anything posted here may be off base.

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