Thursday, September 28, 2006

S&O's for the 9/28/06 close.

YI: +4.5 (Some type of topping process may be on the way for the market.)

Possible bottom in this area for: YHOO
Now standard oversold: RHAT
Trying to hold on to some rising trend line support: BBBY, BPOP, C, MDT, Q, TTH, and VZ
Attempting to hold the 28 DMA here: TSS
To a hold for now: GG
Trying to break above some falling trend line resistance now: AA, AAUK, GLG, PEG, STP, and XLP
Attempting to break above the 28 DMA here: ABX, AEM, ASA, GLD, gold, KGC, RGLD, RIO, SFY, SLV, SU, XLE, the XNG index, and the XOI index.
Now up against some rising trend line resistance: ARM, DELL, ENR, SCHW, THQI, and XLK
Moderately overbought at this point are: CAKE, the E-Mini 500, GM, SLE, and YCC
Extremely overought now: MCD
A possible top may be forming in this area for: NST
To a sell: The XAU hourly at 1 PM.
A break out in either direction is on the way for: ELN
And as is always the case, anything posted here may be off base.

YCC (Yankee Candle Co., Inc.) may be in the process of topping out here.

S&O's based on the closing prices of 9/27/06

The YI at +4 again means the market is now in a fairly overbought condition.

Moderately oversold now is: PMCS
Trying to hold some rising trend line support at this point: KMX and SPC
Attempting to hold the 28 DMA here: AMD
To no position for now: INTC
To a hold: HMY
Trying to break above some falling trend line resistance here: ARM, BA, CGI, COP, ECA, HMY, IFN, RIG, SFY, STMP, STX, SU, and WDC
Attempting to break above the 28 DMA here: BHI, FCX, OXY, TXU, and WMB
Now up against some rising trend line resistance: AMZN, BMS, CREE, the DJ-30, and JCP
Moderately overbought at this point: GR, INTC, and MDC
Standard overbought here: BAC, BBBY, the BKX index, GLW, JNPR, NWL, the S&P-500, and 2T104
Extremely overbought now: The OEX index.
A possible top may be forming in this area for: MER and YCC
And as is always the case of course, anything posted here may be off base.

S&O's based on the closing prices of 9/27/06

The YI at +4 again means the market is now in a fairly overbought condition.

Moderately oversold now is: PMCS
Trying to hold some rising trend line support at this point: KMX and SPC
Attempting to hold the 28 DMA here: AMD
To no position for now: INTC
To a hold: HMY
Trying to break above some falling trend line resistance here: ARM, BA, CGI, COP, ECA, HMY, IFN, RIG, SFY, STMP, STX, SU, and WDC
Attempting to break above the 28 DMA here: BHI, FCX, OXY, TXU, and WMB
Now up against some rising trend line resistance: AMZN, BMS, CREE, the DJ-30, and JCP
Moderately overbought at this point: GR, INTC, and MDC
Standard overbought here: BAC, BBBY, the BKX index, GLW, JNPR, NWL, the S&P-500, and 2T104
Extremely overbought now: The OEX index.
A possible top may be forming in this area for: MER and YCC
And as is always the case of course, anything posted here may be off base.

Tuesday, September 26, 2006

S&O's for the close of 9/26/06

YI: +4

To a buy: CDE and the XAU hourly at 10 AM.
A possible bottom may be forming in this area for: CHK and COP
Trying to bottom out as best as they can: MSCC and NTES
Standard oversold at this point: GRZ
Moderately oversold now: REDF
Trying to hold some rising trend line support here: FXE and GNSS
Attempting to hold the 28 DMA in this area: CLG and FDP
Trying to break above some falling trend line resistance here: ACF the BTK index, CAT, ERF, EWA, IDA, IIT, JNJ, PTR, and WHR
Attempting to break above the 28 DMA in this area: NOK
Now up against some rising trend line resistance: AIG, C, the IIX index, LMT, and MCD
Moderately overbought now: BKS and RHAT
Standard overbought at this level: CBK
Anything posted above could be off base.

AU (Anglogold Ashanti Ltd.) may be in the process of forming some type of bottom in this area.

S&O's for the close of 9/25/06

YI: +3.5

A possible bottom may be forming in this area for: AU and RIO
Trying to bottom as best they can at this point are: NSC, SNE, STP, and the XNG index.
Standard oversold now: MSCC, NTES, and X
Moderately oversold: PCU, SFY, TZOO, and WOR
Trying to hold some rising trend line support in this area: The dollar, ENER, ENR, IYM, LSS, PDE, SMTC, SYMC, WTS, and XLP
Trying to hold some falling trend line support: AA, CAT, and PTR
Attempting to hold the 28 DMA here: CSTR, IRF, LSI, MRVL, MU, RADN, TMO, WHR, and WON
To no position for now: ENR
Trying to break above some falling trend line resistance in this area: CAKE, JNJ, KO, OGE, TASR, and YCC
Now up against some rising trend line resistance: AAPL, ACAS, MRK, and SEE
Moderately overbought at this point: BA
Extremely overbought: TTH
And of course as is always the case, anything posted above may be off base.

Sunday, September 24, 2006

"Skinny Man" :^)

Light crude is nicely oversold now.

S&O's based on the closing prices of 9/22/06

YI: +2.5

To a buy: GG and HMY
A possible top may be forming in this area for: AEM and BAA
Trying to bottom out in this area: AU, CUP, HIT, MTU, NFI, OGE, PEG, and TASR
Standard oversold now: RDC, XLE, and YHOO
Moderately oversold at this point: NSC and PDE
Trying to hold some rising trend line support here: AMAT, the BKX index, CMI, CPB, DELL, the DJ-30, ELN, FDP, IDA, IWM, MDT, MFE, TKR, TSS, TXU, WGII, and the XCI index.
Trying to hold falling trend line support: ARM, CAT, ECA, and GRZ
Attempting to hold the 28 DMA here: ACF, ALEX, AMZN, GE, INTC, MDC, NVLS, PMCS, QLGC, RMBS, SMH, SNA, SNDK, TSY, and XLP
Trying to break above some falling trend line resistance here: BA, GR, LMT, and RHAT
Now up against some rising trend line resistance: BAC and CLG
Moderately overbought now: TYC
Standard overbought at this point: EWP, PG, PHG, SYMC, and VZ
Extremely overbought and may be getting ready for some type of correction: GYMB
A possible top may be forming in this area for: MAT
A break out in either direction is on the way for: RIG
And as is always the case of course, anything posted here could be way off base.

Friday, September 22, 2006

ERF (Enerplus Energy Fund) is trying to bottom out here.

S&O's based on the closing prices of 9/21/06

YI: +3

A possible bottom may be forming in this area for: ERF and NEM
Trying to bottom out at this point are: ASA, ECA, FCX, GLG, SLV, and SU
Standard oversold: STP and SUN
Moderately oversold now: EBAY
Trying to hold some rising trend line support here: ABX, AMAT, BMY, CREE, CSCO, GE, IRF, NSC, OGE, SBUX, SMH, and TXU
Trying to hold some falling trend line support: RIO and SFY
To no position for now: EWP and PHG
Trying to break above some falling trend line resistance here: GG, CAKE, CBK, MDT, RHAT, and SWC
Trying to break above horizontal trend line resistance: BAC
Now up against some rising trend line resistance here: RNR and TTH
Moderately overbought now: C and ELY
Standard overbought at this point: EWD, JNPR, and JOSB
A possible top may be forming in this area for: MTU, PNRA, and SYMC
To a sell: JWN
And of course as is always the case, anything posted here may be way off base.

Wednesday, September 20, 2006

PHI (Philippine Long Distance Telephone) seems to be in the process of topping out.

S&O's based on the closing prices of 9/19/06

YI: +3

Moderately oversold at this point: CUP, EWJ, F, NOK, and XLU
Trying to hold some rising trend line support on the daily chart: AMZN, BGF, CAKE, CBK, CSCO, MU, NSM, QCOM, REDF, RNR, SHI, SNA, SNDK, TSY, and TZOO
Attempting to hold the 28 DMA here: ADP, AMN, BMS, GM, KEA, MRK, and NST
Trying to break above some falling trend line resistance now: BAA, CLF, JNPR, NLY, and USU
Attempting to break above the 28 DMA here is: STMP
Now up against some rising trend line resistance: C
Moderately overbought at this point: MRVL, PNRA, SMTC, and SPC
A possible top may be forming in this area for: EWD and PHI
To a sell: ENR and the XAU hourly chart at 10 AM yesterday.
And as is always the case of course, anything posted here could be way off base.

Tuesday, September 19, 2006

MCRS (Micros Sys Inc.) may be topping out here.

S&O's based on the closing prices of 9/18/06

YI: +3.5

To a buy: HMY
A possible bottom may be forming in this area for: CUP, FTO, and GG
Trying to bottom out at this point are: COP, MTU, and SUN
Standard oversold now: HIT and PEG
Moderately oversold: GR and NG
Trying to hold some rising trend line support here: AMN, ERF, GNSS, and RI
Trying to hold some falling trend line support: VXO
Trying to break above some falling trend line resistance: CDE, CLF, EOG, MDC, OCR, and PNRA
Attempting to break above the 28 DMA here: AA
Now up against some rising trend line resistance: CREE
Moderately overbought at this point: AMZN, GLW, IIT, LYO, SMTC, STX, and YCC
Standard overbought now: GOOG, PHI, and PLL
A possible top may be forming in this area for: ACAS, BBBY, CHC, GE, MER, MFE, MOT, QQQQ, SCHW, TMO, and WHR
To a sell: MCRS
And of course as is always the case, anything posted here may be way off base.

Monday, September 18, 2006

AEM (Agnico Eagle Mines Ltd.) is trying to bottom out now.

S&O's based on the closing prices of 9/15/06

YI: +3

Trying to bottom out now: ABX, AEM, heating oil, FTO, and GFI
Standard oversold at this point: BHI
Moderately oversold now: DJ, DO, GLD, KGC, and RDC
Trying to hold some rising trend line support: GLG, KMX, and PLT
Attempting to hold the 28 DMA here: EMC
Trying to break above some falling trend line resistance: ACF, the BKX index, and WOR
Attempting to break above the 28 DMA here: EWU and FBR
Now up against some rising trend line resistance: The OEX index and RFMD
Moderately overbought now: ALEX, BBBY, CY, ERIC, EWD, IFN, IWM, JNPR, LSI, SGP, SLE, TSM, and XMSR
Standard overbought at this point: AIG, CSTR, DVY, ENER, GYMB, MER, QQQQ, and THQI
A possible top may be forming in this area for: AMD, AMTD, BPOP, CSCO, the DJ-30, the IIX index, INTU, PBY, SNA, the S&P-500, SYMC, TTH, the XCI index, XLF, and XLK
Anything posted here may be off base.

Friday, September 15, 2006

THQI (THQ, Inc.) may be in the process of forming a top in this area.

S&O's based on the closing prices of 9/14/06

YI: +2.5

Trying to bottom out at this level: The XAU hourly.
Moderately oversold now: EWC and PEG
Trying to hold some rising trend line support: F
Attempting to break above the 28 DMA here: PG
Trying to break above some falling trend line resistance at this point: CGI, FTO, GOOG, N, PEG, SNE, STX, SU, and YCC
Attempting to break above the 28 DMA here: BA, NFI, and WTS
Now up against some rising trend line resistance: AAPL, AMD, the DJ-30, ERIC, and SEE
Moderately overbought now: ACF, the BKX index, CBK, CHC, CY, ENER, GE, GM, GPC, IRF, JOSB, MFE, MMC, PNRA, QQQQ, SLE, TKR, and TSS
Standard overbought at this level: DVY, JWN, and SYMC
Extremely overbought now: KMX
A possible top may be forming in this area for: BMY, the E-Mini 500, and THQI
And as is always the case of course, anything posted here may be off base.

Thursday, September 14, 2006

F (Ford Motor Co.) may be topping out at least temporarily here.

S&O's based on the closing prices of 9/13/06

YI: +2.5

A possible bottom may be forming in this area for: SU, USU, and the XOI index.
Trying to bottom out in this area: ASA, CDE, ECA, EOG, ERF, gold, NEM, OXY, SUN, SWC, and the XAU index.
Standard oversold at this point: AU, COP, GG, and heating oil.
Moderately oversold now: AEM, GFI, and TXU
Trying to hold some rising trend line support here: CUP, GLD, GRZ, KGC, and PEG
Attempting to hold the 28 DMA: LMT
Trying to break above some falling trend line resistance: AMZN, BA, BBBY, BKS, CHK, FTO, OCR, PNRA, PTR, SVU, XLE, and YHOO
Attempting to break above the 28 DMA here: STX
Now up against some rising trend line resistance: CSCO, the E-Mini 500, NSM, NVLS, PHG, SCHW, the S&P-500, TTH, VZ, and YCC
Standard overbought at this point: APPB, BKC, GM, IBM, RI, WHR, and the XCI index.
A possible top may be forming in this area for: F and MOT
Anything posted here may be off base.

Wednesday, September 13, 2006

AIG (American International Group, Inc.) may be on the process of forming a top in this area.

S&O's based on the closing prices of 9/12/06

YI: +2

Trying to bottom out in this area are: AAUK, AU, BAA, BHI, CMI, HMY, NEM, NX, and PTR
Standard oversold at this point: EOG, GG, SU, and the XOI index.
Moderately oversold now: ASA, CAT, CHK, CUP, ERF, FCX, gold, HMC, MG135, MTU, PD, RGLD, SFY, SLV, WMB, the XAU index, and the XNG index.
Trying to hold some rising trend line support here: ABX, CIG, DO, WY, and X
Trying to hold some falling trend line support: AA, RIO, and TIE
Attempting to hold on to the 28 DMA: AMN, GLG, and KGC
Trying to break above some falling trend line resistance now: AMZN, BA, FBR, GLW, PHI, and STMP
Attempting to break above the 28 DMA is: NTES
Moderately overbought at this point: BMY, NWL, and SVU
Standard overbought: MU
A possible top may be forming in this area for: AIG
And as is always the case of course, anything posted here may be off base.

Tuesday, September 12, 2006

STX (Seagate Technology Holdings, Inc.) now trying to bottom out.

S&O's based on the closing prices of 9/11/06

YI: +1

To a buy: FBR
Trying to bottom out now: BA and STX
Standard oversold at this point: BAA and OXY
Moderately oversold now: CDE, DELL, ELY, EWA, OCR, and OGE
Trying to hold some rising trend line support: CLF, EWC, HIT, IIT, SEE, and TYC
Trying to hold some falling trend line support: EWJ, HMY, and SWC
Attempting to hold the 28 DMA here: AMN, AMZN, EWG, JNPR, KO, PMCS, Q, SGP, SIFY, the S&P-500, TASR, and WGII
To a hold for now: ARM
Trying to break above some falling trend line resistance: FDP and TKR
Standard overbought at this point: KMX and RNR
A possible top may be forming in this area for: BGF
A break out in either direction is on the way for: IFR, MRVL, and SPC
And of course as is always the case, anything posted here may be off base.

Monday, September 11, 2006

FTO (Fronteir Oil Corp.) is trying to bottom out in this area.

S&O's based on the closing prices of 9-8-06

YI: +1

Trying to bottom out at this point: ARM, FBR, FTO, IFN, NOK, STMP, and WOR
Standard oversold: AU and NX
Moderately oversold now: AAUK, AMTD, BAA, CGI, CMI, ENER, FXE, HIT, HMY, NEM, SNE, STP, WB, WDC, and XMSR
Trying to hold some rising trend line support here: ACF, gold, KGC, PEG, RHAT, SCHW, SLV, the S&P-500, TZOO, and VZ
Trying to hold some falling trend line support: AMZN, NFI, and WTS
Attempting to HOLD the 28 DMA here: AEM, BKS, C, CHC, DVY, the S&P-500, EWA, EWI, EWJ, EWP, GLW, JNJ, N, NVLS, NXL, PHG, PLL, TSM, XLF, and YCC
Trying to break above some falling trend line resistance now is BAC
A break out in either direction is on the way for: AA, CREE, and NSC
And as is always the case of course, anything posted here may be off base to due market conditions and human error.

Thursday, September 7, 2006

MDC (MDC Holdings Inc.) is trying to bottom out at this point.

S&O's based on the closing prices of 9/7/06

YI: +1

Trying to bottom out at this point: MDC
Moderately oversold now: ECA, EOG, FTO, NOK, NSC, PEG, and STX
Trying to hold on to some rising trend line support at this level: AA, ACF, AMN, ASA, BMS, KO, LYO, MDT, MU, NG, OXY, PNRA, POM, RADN, RFMD, RHAT, SNA, SNDK, SUN, TIE, VZ, and WON
Trying to hold some falling trend line support: BA and WTS
Attempting to hold on to the 28 DMA here: The BTK and DRG indices, ELN, ERIC, EWD, IDA, IWM, KEA, MSCC, REDF, SMH, THQI, TSM, TSS, and XLU
Moderately overbought now are: AVP, BKC, DO, PCU, PDE, PHI, RIG, SCHW, and SVU
And as is always the case of course, anything posted here may be more or less off base, depending on market conditions and human error.

Blogger would not let me get through today, so here is the link for where the work for today was finally posted.

Wednesday, September 6, 2006

ENR (Energizer Holdings Inc.) looks a bit toppy at this point.

S's & O's based on the closing prices of 9/5/06

YI: +2.5

Moderately oversold: GNSS and TZOO
Trying to hold some rising trend line support: ACAS, ERF, KEA, MOT, SMH, STP, and STX
Trying to hold some falling trend line support: NFI
Attempting to hold the 28 DMA here: SMTC and XMSR
To no position for now: CAKE
Trying to break above some falling trend line resistance: AIG, CHK, GYMB, IIT, SKS, THQI, TYC, and USU
Trying to break above horizontal trend line resistance: SEE
Attempting to break above the 28 DMA here: ARM, LSI, and SNE
Now up against some rising trend line resistance: The DJ-30, EBAY, and the OEX index.
Moderately overbought here: JWN, MFE, OGE, SIFY, SLV, and WDC
Standard overbought at this point: CLG, CSCO, and FCX
A possible top may be forming in this area for: DJ, INTC, RI, SNDK, and the XCI index.
Probable top here for: ENR
A break out in either direction is on the way for the dollar.
Anything posted above may be off base.

Monday, September 4, 2006

Bush warns on foreign oil dependence...

Geez, I have been "screaming" about this for twenty years!

Better late than never I guess, but what took so long for our president and most republicans to wake up on this very obvious and extremely serious problem?
Thousands dead and seriously wounded because of Iraq? What a damn shame it takes a tragedy like Iraq to finally wake some people up and take off their blinders.

CBK (Christopher & Banks) is trying to bottom out here.

S's & O's based on the closing prices of 9/1/06

YI: +2.5

Trying to bottom out here: CBK and JCP
Standard oversold at this point: BHI and JOSB
Moderately oversold now: EOG, FTO, GG, OXY, PTR, SUN, WTS, and the XOI index.
Trying to hold some rising trend line support in this area: AMAT, the BTK index, DELL, EWP, GE, MSCC, and STMP
Attempting to hold the 28 DMA here: BAC, NOK, and the XNG index.
Trying to break above some falling trend line resistance here: AAPL, AU, the BKX index, CREE, EWJ, DO, MFE, PDE, RGLD, SVU, and the XAU index.
Attempting to break above the 28 DMA here: AA, LSI, and ACF
Now up against some rising trend line resistance: NWL and the S&P-500.
Moderately overbought at this point: EWA, GYMB, JNPR, CAKE, PLL, QCOM, QQQQ, RNR, STX, and TSM
Standard overbought now: KMX, ABX, CLG, HPQ, MCRS, NVLS, and SNDK
Extremely overbought here: GLG and NST
A possible top may be forming in this area for: LYO, NG, and OGE
A break out in either direction is on the way for: MDC
And of course, anything posted here may be off base due to human error.

Friday, September 1, 2006

Possible top here for MU (Micron Technology, Inc.)

S's & O's based on the closing prices of 8/31/06

YI: +2

Trying to bottom out in this area: BAA, heating oil, GR, and RIG
Moderately oversold now: COP, KO, and SU
Trying to hold some rising trend line support here: EOG, GLW, JCP, PHG, SFY, and TKR
Attempting to hold the 28 DMA here: CREE, LMT, and WMB
To no position for now: AMZN and the XAU hourly.
Trying to break above some falling trend line resistance at this point: CAT, CMI, CPB, EMC, GFI, GRZ, MMC, OCR, PBY, and RMBS
Attempting to break above the 28 DMA here: BMY, PNRA, SBUX, SHI, SPC, and TSY
Now up against some rising trend line resistance: EWI, T2104, and WGII
Moderately overbought now: AMZN, DELL, DJ, the DJ-30, EBAY, ELY, ENER, ERIC, GT, the IIX index, IWM, MAT, MDT, NSM, PLT, QLGC, RADN, RI, SGP, WHR, XLB, XLE, and YCC
Standard overbought at this level: BGF, the DRG index, ENR, F, NVLS, TTH, and XLP
Extremely overbought now: AMN
A possible top may be forming in this area for: AMAT, AMN, APPB, C, GT, MU, SMH, VZ, and XLK
And of course, anything posted here may be off base due to human error.