Monday, October 9, 2006

S&O's based on the 10/6/06 close.

YI: +4.5

Possible bottom here for: XMSR
Trying to bottom out in this area is: SNE
Standard oversold at this point is: SHI
Trying to hold some rising trend line support: AMTD, AVP, the DRG index, EWG, EWQ, NST, Q, and TTH
Attempting to hold the 28 DMA here: BMY, MRK, and STX
Trying to break above some falling trend line resistance: AEM, CLG, ELY, GT, heating oil, KO, MMC, NG, RDC, TIE, USU, WOR, the XAU index, XLE, and the XOI index.
Attempting to break above the 28 DMA here: SWC
Now up against some rising trend line resistance: AIG, ALEX, AMZN, CAKE, ENR, EWD, the IIX index, PLT, QQQQ, and RHAT
Moderately overbought: BHI, CGI, DELL, EBAY, EWJ, MDT, MFE, QLGC, RIO, TASR, TZOO, and X
Standard overbought at this point: ACAS, BKC, BMS, the BTK index, CY, the E-mini 500, IWM, NWL, PG, RFMD, RI, SBUX, TYC, and XLE
Extremely overbought now: CMI, INTU, and MER
A possible top may be forming in this area for: EWP, GR, HMC, the IIX index, JNPR, and JWN
Anything posted here could be off base of course.

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