Monday, October 2, 2006

S&O's based on the closing prices of 9/29/06

YI: +4

To a buy: The XAU at 11AM on Friday.
Standard oversold: OCR and WOR
Moderately oversold: SNDK
Trying to hold some rising trend line support: ELN, ERIC, PHG, PHI, TTH, and WHR
Attempting to hold the 28DMA: BPOP, PBY, and TMO
To no position for now: gold
To a hold: HMY
Trying to break above some falling trend line resistance: BAA, the dollar, BHI, CAT, PDE, REDF, RIG, RIO, and WDC
Attempting to break above the 28 DMA: AA and TXU
Now up against some rising trend line resistance: ALEX
Moderately overbought: AMTD, the BTK index, CLF, CMI, CREE, DELL, EBAY, EMC, ENER, GM, and SHI
Standard overbought: The DJ-30, EWQ, and INTC
Extremely overbought: EWA and the XCI index.
A possible top may be forming in this area for: AMAT, the BKX index, JNJ, JNPR, JOSB, and LMT
Probable top here: ENR
To a sell: The XAU hourly at 3 PM on Friday, CSCO, and GYMB

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