Happy Halloween!
YI: +4
Trying to bottom out in this area: GLW and WGII
Moderately oversold now: The dollar, ELN, RFMD, and SHI
Trying to hold some rising trend line support here: The DRG index, FCX, IIT, INTC, IYM, LYO, MTU, N, NXL, OGE, RI, RNR, SWC, T2104, TKR, TYC, the XAU hourly, and XLK
Attempting to hold the 28 day moving average: CREE, CSCO, CSTR, EMC, HPQ, MCRS, and PHG
Trying to break above some falling trend line resistance here: AMTD, FXE, and the VXO
Attempting to break above the 28 day moving average: MRVL and XMSR
Now up against horizontal trend line resistance: Q
Moderately overbought now: KGC, RGLD, and YHOO
Standard overbought: LSI
A possible top may be forming in this area for: GLG and MMC
And as is always the case, anything posted here may be off base.
Tuesday, October 31, 2006
S&O's based on the 10/30/06 close.
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