Friday, December 8, 2006

S&O's based on the 12/7/06 close.

YI: +4.5
Moderately oversold: ADP
Trying to hold some rising trend line support: AEM, gold, MMC, NLY, PEG, SVU, SWC, and T2104
Trying to hold falling trend line support: AU and PNRA
Attempting to hold the 28 DMA here: GLD, GRZ, HMY, and JNPR
To no position for now: AEM
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Trying to break above some falling trend line resistance: C and the VXO
Attempting to break above the 28 DMA here: AMD
Now up against some rising trend line resistance: EWQ
Moderately overbought now: BKS, CAT, HPQ, LYO, SIFY, and WB
Standard overbought here: BGF, EWJ, MDT, MRVL, REDF, RIG, and SYY
Extremely overbought: KO and TMO
A possible top may be forming in this area for: BA, RNR, and XLP
Toppy here: EWP, IRF, LMT, QCOM, STX, and WTS
A break out in either direction is on the way for: RADN
Anything posted here could be off base.

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