Friday, October 6, 2006

S&O's based on the 10/05/06 close.

YI: +5

To a buy: CDE and GRZ
A possible bottom may be forming in this area for: MRVL and NX
Standard oversold at this point: CUP
Trying to hold some rising trend line support at this level: BGF, BMY, CBK, and FXE
Trying to hold falling trend line support: gold
Attempting to hold the 28 DMA here: AAPL and BAA
To no position for now: The XAU hourly at 3 PM yesterday.
Trying to break above some falling trend line resistance: AMN, ARM, AU, BHI, CPB, ERF, GOOG, IRF, MG135, NTES, PBY, PEG, PLT, and RMBS
Attempting to break above the 28 DMA here: AMD and FBR
Now up against some rising trend line resistance: AIG, AMTD, BBBY, DVY, and MDC
Moderately overbought now: CAKE, EWI, NSC, PDA, and QLGC
Standard overbought at this point: BA, HPQ, IDA, INTU, JCP, and PNRA
Extremely overbought here: JWN and PG
A possible top may be forming in this area for: EMC
More later time permitting.
Anything posted here could be off base.

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