Sunday, October 15, 2006

S&O's based on the 10/13/06 close.

YI: +5

Trying to bottom out at this point: GFI and GRZ
Moderately oversold now: ADP, BPOP, and N
Trying to hold some rising trend line support here: BA and C
Attempting to hold the 28 day moving average: PG
Trying to break above some falling trend line resistance here: AAPL, COP, IRF, NOK, SIFY, and YHOO
Attempting to break above the 28 day moving average: AU, GLD, TKR, and the XAU index.
Now up against some rising trend line resistance: ACAS, AMAT, CAKE, MOT, the OEX index, and SMTC
Moderately overbought now: CHK, EWA, STP, SUN, and WTS
Standard overbought at this point: APPB, CLF, MFE, MRK, NST, PCU, RIO, THQI, TTH, X, and XLK
Extremely overbought at this level: The E-Mini 500, ENR, JWN, and KMX
A possible top may be forming in this area for: CSTR and SVU
To a sell: The XAU hourly at 3 PM on Friday.
A break out in either direction is on the way for: TSS
And of course as is always the case, anything posted here may be off base.

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