Wednesday, December 6, 2006

S&O's based on the closing prices of 12/5/06

YI: +5

Trying to bottom out: BAC
Standard oversold: F
Moderately oversold: LSI
Trying to hold some rising trend line support: ABX, the DRG index, ENER, EWA, and PDE
Attempting to hold the 28 DMA here: EOG
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Trying to break above some falling trend line resistance: ACF, ADP, AIG, ALEX, ELN, ERIC, NSM, PEG, PG, PNRA, SNE, TKR, TZOO, and WB
Attempting to break above the 28 DMA here: CMI, RI, TXU, WHR, and WON
Now up against some rising trend line resistance: EWI, the S&P-500, T2104, XLB, and XLK
Moderately overbought: BMY, DJ, KGC, MRK, OCR, RFMD, SGP, SNA, SPC, and WOR
Standard overbought: IWM, RGLD, and THQI
A possible top may be forming in this area for: XLU
Toppy here: COP, CSCO, ECA, GG, and MCD
To a sell: AEM
A break out in either direction is on the way for: KEA and RMBS
Anything posted here may be off base.

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