Wednesday, September 6, 2006

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.

No comments: