Thursday, November 23, 2006

S&O's based on the 11/22/06 close.

YI: +5

Trying to bottom out are: INTU, SBUX, TXU, the VXO, and WON
Moderately oversold now: BPOP and TASR
Trying to hold some rising trend line support: ADP, AIG, BMS, the BTK index, GE, PG, PLT, PNRA, WB, WMB, WY, and XLF
Trying to hold falling trend line support: SUN
Attempting to hold the 28 DMA here: ENER, MSCC, MTU, and NG
Trying to break above some falling trend line resistance: AMD, BAA, CDE, HMY, PBY, TSM, WGII, and the XAU index.
Attempting to break above the 28 DMA here: ERF
Now up against some rising trend line resistance: COP, EWP, FCX, SLV, and the XNG index.
Moderately overbought now: AU, ECA, ELN, and LSS
Standard overbought: CLF, CSTR, MDT, PHI, REDF, and SCHW
Extremely overbought: AMN, EWG, and GOOG
A possible top may be forming in this area for: DJ
Probable top here for: BA
These S&O's are based on my own particular version of technical analysis, which may be more or less off base depending on market conditions.

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