Thursday, November 16, 2006

S&O's based on the 11/15/06 close.

YI: +5

Trying to bottom out in this area is: ERF
Standard oversold at this point is: CUP
Trying to hold some rising trend line support: BMS, CDE, CLG, EWC, FXE, and GYMB
Attempting to hold the 28 DMA here: ASA and BAA
To no posistion for now: The XAU hourly at 2 PM yesterday.
Trying to break above some falling trend line resistance: CMI, ECA, ELN, EOG, EWJ, and FDP
Attempting to break above the 28 DMA here: CY, ELN, GLW, and GNSS
Now up against some rising trend line resistance: EWD
Moderately overbought at this point: AMAT and IDA
Standard overbought: AMN, AMZN, and DELL
Extremely overbought: AIG, DVY, EWQ, the IIX index, and IWM
A possible top may be forming in this area for: ENER
Toppy here: ACAS, GOOG, and IFN
A break out in either direction is on the way for: AMTD
All of the previous disclaimers apply.

No comments: