Tuesday, October 24, 2006

S&O's based on the 10/23/06 close.

YI: +5

To a buy: The XAU hourly at 10 AM on 10/23/06.
Trying to bottom out in this area: GNSS
Standard oversold at this point: AMD, CAT, and MSCC
Moderately oversold now: GLW, HIT, and SMH
Trying to hold some rising trend line support here: CDE, CUP, ENER, GYMB, OXY, RMBS, SIFY, and SWC
Attempting to hold the 28 day moving average: COP, LSI, LYO, MDC, RI, SYMC, and YCC
Trying to break above some falling trend line resistance here: AMAT, AU, the dollar, and RHAT
Attempting to break above the 28 day moving average: PEG
Now up against some rising trend line resistance: EWG
All of the previous disclaimers apply to the above signals and opinions.

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