Thursday, December 7, 2006

S&O's based on the 12/6/06 close

YI: +5

Trying to hold some rising trend line support: EWC, RFMD, and the XCI index.
Trying to hold falling trend line support: BPOP and TZOO
Attempting to hold the 28 DMA here: NG and PHG
To no position for now: ENR
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Trying to break above some falling trend line resistance: NSC
Attempting to break above the 28 DMA here: APPB, ENR, SBUX, and WHR
Now up against some rising trend line resistance: The DJ-30, DO, the E-Mini 500, GR, IBM, PG, RIO, SFY, and SGP
Moderately overbought: AVP, NWL, PHI, TTH, and XLP
Standard overbought: AAUK, BMS, CPB, EMC, GPC, SCHW, SLE, TOL, TSM, WY, XLF, and the XOI index.
Extremely overbought: KMX
Toppy here: DVY, PLT, RIO, TIE, and USU
A break out in either direction is on the way for: MOT
Anything posted here could be off base.

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