Thursday, October 12, 2006

S&O's based on the 10/11/06 close.

The daily update is a bit late today because Blogger was refusing to work properly.

YI: +5

Trying to bottom out is: FXE
Standard oversold: FDP
Trying to hold some rising trend line support: AIG, BMS, CAKE, the DJ-30, EBAY, MCRS, MOT, NWL, RFMD, the S&P-500, and TSS
Attempting to hold the 28 DMA here: BKC, CBK, EWG, MMC, NLY, PG, and PHI
Trying to break above some falling trend line resistance here: KGC, PCU, RIO, and SWC
Attempting to break above the 28 DMA: CHK, SFY, SUN, and the XNG index.
Now up against some rising trend line resistance: TYC
Moderately overbought now: AAUK, ACF, NFI, and WHR
Standard overbought at this point: HPQ, MAT, MDC, and NVLS
A possible top may be forming here for: AMAT, IBM, LYO, and REDF
A break out in either direction is on the way for: ELN
Anything posted here may be off base of course.

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