Friday, November 3, 2006

S&O's based on the 11/02/06 close.

YI: +3

Trying to bottom out in this area: ELN and OCR
Standard oversold now: ERF and STMP
Moderately oversold: ACF, ENER, MCRS, NTES, PNRA, REDF, RI, SIFY, and TSM
Trying to hold on to some rising trend line support here: AMD, BKS, the BTK index, ECA, the E-mini 500, EOG, EWD, EWQ, GPC, the IIX index, NFI, NSM, NVLS, PMCS, QCOM, RDC, SBUX, SVU, WB, and WON
Attempting to hold the 28 day moving average: ACAS, ARM, GYMB, IFN, IWM, JWN, KMX, MDC, PBY, PLT, QQQQ, SGP, T2104, TTH, WY, XLE, XLF, XLP, the XNG index, and the XOI index.
Trying to break above some falling trend line resistance here: AAUK, CUP, and SHI
Standard overbought at this point: SLV and WTS
A break out is on the way for: CAT and PEG
And as is always the case, anything posted here may be off base.

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