Tuesday, December 19, 2006

Based on the close of 12/18/06

YI: +4.5

Standard oversold: ENR
Moderately oversold: gold, GLD, MSCC, and WHR
Trying to hold some rising trend line support: ABX, EWD, EWG, EWI, EWP, KEA, NFI, PMCS, RDC, REDF, SNA, TZOO, and the XOI index.
Trying to hold falling trend line support: MU, TXU, and YHOO
Attempting to hold the 28 DMA here: AEM, AU, AVP, BAA, and FXE
Trying to break above some falling trend line resistance: The dollar, PNRA, QLGC, and VZ
Attempting to break above the 28 DMA here: SKS
Now up against some rising trend line resistance: IIT
Moderately overbought: JCP
Standard overbought: SNE and STP
Toppy here: CSCO, EWU, GT, MER, and STX
To a sell: COP
Anything posted here could be off base.

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