Tuesday, September 19, 2006

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.

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