Friday, August 11, 2006

Update opinions based on closing prices of 8/10/06

YI: -1

Possible bottom here for: BKS
Trying to bottom out: PLT, QCOM, SPC, STX, TIE, and WDC
Extremely oversold: PNRA and TSY
Standard oversold: ACF, BA, and SBUX
Moderately oversold: The BTK index, CAT, GPC, IRF, and IWM
Trying to hold some rising trend line support: AMD, BBBY, BHI, JOSB, LSI, N, NFI, NVLS, SFY, SLV, SU, T2106, TTH, WHR, XLK, the XOI index, XRX, and the YI
Trying to hold horizontal trend line support: GR
Trying to hold some falling trend line support: CAKE, JNPR, PDE, PLL, and SMTC
Attempting to hold the 28 DMA: AAPL, the BKX index, BPOP, CHC, CY, the DJ-30, DO, the E-Mini 500, MAT, MCD, NXL, the OEX index, PHI, the S&P-500, WTS, XLF, and XMSR
To no position for now: CSCO
Trying to break above some falling trend line resistance: GYMB, MTU, SHI, and SIFY
Moderately overbought: CSCO
A break out in either direction is on the way: EWA
Anything posted here may be off base.

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