Friday, November 10, 2006

S&O's based on the 11/09/06 close.

YI: +3.5

Trying to bottom out: ENR
Trying to hold some rising trend line support: AMD, AVP, BAA, DJ, IBM, and MDT
Trying to hold falling trend line support: RMBS
To a hold for now: MU
Trying to break above some falling trend line resistance: ARM, PLL, QLGC, RGLD, STP, THQI, WDC, and WY
Attempting to break above the 28 DMA here: SIFY, TKR, and WOR
Now up against some rising trend line resistance: AAPL, the IIX index, PDE, PHI, SU, and XLK
Moderately overbought now: AA, COP, LSS, PEG, USU, and WDC
Standard overbought: AIG, BAC, CSTR, ERIC, GPC, JNPR, RDC, TSS, XLE, and XLF
Extremely overbought: PHI
A possible top may be forming in this area for: AMZN, BA, DO, ECA, ELY, EWQ, and QQQQ
Toppy here: The S&P-500.
Anything posted here may be more or less off base.

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