Thursday, November 30, 2006

S&O's based on the 11/29/06 close.

YI: +4.5

A possible bottom may be forming in this area for: SBUX and TXU
Trying to bottom out here: ACF, the dollar, and TASR
Moderately oversold at this point: NSC and PNRA
Trying to hold some rising trend line support: GLD
Trying to hold falling trend line support: CBK
Attempting to hold the 28 DMA here: CAKE, NLY, and YHOO
Trying to break above some falling trend line resistance: C, DJ, F, FDP, GR, HPQ, MSCC, WB, WHR, and WY
Attempting to break above the 28 DMA here: SPC
Now up against some rising trend line resistance: ECA and the XOI index.
Toppy here: FXE
A break out in either direction is on the way for: GLW
Any of the S&O's posted here may be off base.

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