Wednesday, November 29, 2006

S&O's based on the 11/28/06 close.

YI: +3.5

A possible bottom may be forming in this area for: ENR
Trying to bottom out now: ALEX
Moderately oversold at this point: APPB, the BKX index, the DRG index, HMC, SMTC, SNE, TTH, and TZOO
Trying to hold some rising trend line support: AMTD, CAT, CGI, ENER, EWU, GNSS, the IIX index, INTC, IWM, JWN, KEA, NOK, NXL, QLGC, RHAT, RIO, SWC, TSM, XLB, XLF, and the XNG index, and the YI.
Trying to hold falling trend line support: GYMB and the E-Mini 500.
Attempting to hold the 28 DMA here: ADP, AIG, AMAT, AMN, AVP, the BTK index, CPB, the DJ-30, DVY, ERIC, EWD, GOOG, GR, GT, HPQ, IWM, JCP, KMX, MCD, MCRS, MER, MFE, MMC, PHI, PMCS, RFMD, SCHW, SHI, SNA, WTS, the XCI index, and XLK
Trying to break above some falling trend line support: BMY, CREE, CSCO,and PEG
Trying to break above horizontal trend line resistance: BGF and gold.
Attempting to break above the 28 DMA here: KGC
Now up against some rising trend line resistance: COP
Extremely overbought now: AAPL
A break out in either direction is on the way for: BKC
Anything posted here may be off base.

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