Thursday, October 19, 2006

S&O's based on the 10/18/06 close.

YI: +4.5

Trying to bottom out here: BPOP
Moderately oversold now: CBK, ELY, MTU, and NG
Trying to hold some rising trend line support: AMAT, CREE, ELN, EMC, FCX, gold, GOOG, GR, IIT, KMX, MDC, the OEX index, PLL, RGLD, the S&P-500, and WMB
Trying to hold some falling trend line support: XMSR
Attempting to hold the 28 DMA here: AMAT, EBAY, EWI, GT, QLGC, and SIFY
To no position for now: ARM
Trying to break above some falling trend line resistance here: BMY, MCRS, and SWC
Attempting to break above the 28 DMA at this point: AA, GRZ, and RDC
Now up against some rising trend line resistance: TSS
Moderately overbought now: ARM, CGI, and TXU
Standard overbought: NSC, SGP, SYMC, and XLU
Extremely overbought: The BTK index and TYC
Toppy here: BGF and IWM
A break out in either direction is on the way for: AAPL and FBR
Anything posted here may be off base.

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