Friday, April 28, 2006

EBAY (eBay, Inc.) is trying to bottom out in this area.

Daily Update 4/28/06

YI: +2.5

Trying to bottom out in this area: The BTK index, DO, EBAY, and RNR
Standard oversold at this point: CAKE and STMP
Moderately oversold: EOG, LSS, MRVL, and SYMC
Trying to hold some rising trend line support: CMI, EWD, FCX, GRZ, HMY, IDA, JDSU, PDE, PEG, PLT, PMCS, RADN, RI, SFY, STP, TSM, WGII, WMB, and XLB
Attempting to hold the 28 DMA here: CDE, CHINA, COP, FTO, LMT, OXY, PTR, QCOM, the XNG index, and the XOI index.
Trying to break above some falling trend line resistance: ACAS, BGF, CSCO, and the XCI index.
Attempting to break above the 28 DMA here: VZ
Now up against some rising trend line resistance: HIT and RFMD
Moderately overbought at this point: GM and PHI
Standard overbought here: CBK and RFMD
A possible top may be forming in this area: JCP
To a sell: GG
A break out in either direction is on the way: GT
Anything posted here may be off base.

Thursday, April 27, 2006

CREE (Cree, Inc.) is trying to bottom out in this area.

Daily Update 4/27/06

YI: +2

Trying to bottom out in this area: AMZN, CREE, FDP, JOSB, JWN, MCD, and XRX
Moderately oversold at this point: AMTD and CLF
Trying to hold some rising trend line support: ACF, APPB, C, CHK, EOG, GOOG, GYMB, SNA, and SUN
Trying to hold falling trend line support: The BTK index and TSY
Attempting to hold the 28 DMA here: CAT, CGI, MER, PLL, SBUX, and YHOO
To no position for now: BA
Attempting to break above some falling trend line resistance: SKS, VZ, and WDC
Attempting to break above horizontal trend line resistance: BAA
Moderately overbought at this point: AHO, MO, and RADN
A possible top may be forming in this area: KMX and PPG
A break out in either direction is on the way: BKS
Anything posted here may be off base.

Wednesday, April 26, 2006

GNSS (Genesis Microchip Inc.) may be forming a bottom here.

Daily Update 4/26/06

YI: +2.5

Possible bottom here: GNSS
Trying to bottom out in this area: DELL and WDC
Standard oversold at this point: F
Moderately oversold here: ADP and CSCO
Trying to hold some rising trend line support: ELN, GT, MAT, MCRS, STMP, and SU
Attempting to hold the 28 DMA here: AAPL, CPB, and THQI
Trying to break above some falling trend line resistance: AMD, LYO, and PEG
Now up against some rising trend line resistance: AA and ASA
Moderately overbought at this point: IIT, OGE, and SPIR
A possible top may be forming in this area: EWP, EWQ, and FXE
To a sell: TIE
Anything posted here may be off base.

Tuesday, April 25, 2006

DJ (Dow Jones & Co. Inc.) is trying to bottom out here.

Daily Update 4/25/06

YI: +3

Trying to bottom out around this level: DJ
Moderately oversold at this point: CREE, EBAY, ERICY, JNPR, MOT, STX, and XMSR
Now attempting to hold some rising trend line support: BBBY, CHC, INTU, MFE, RHAT, and THQI
Trying to hold falling trend line support: QQQQ
Attempting to hold the 28 DMA here: RFMD and WHR
Now trying to break above some falling trend line resistance: KMX and MMC
Attempting to break above the 28 DMA here: JNJ and SLE
Now up against some rising trend line resistance: EWP
Moderately overbought at this point: LYO
Standard overbought at this point: GLW, SU, and WY
Now extremely overbought: TZOO
A possible top in this area: DO
A break out in either direction is on the way: REDF
Anything posted here may be off base.

Monday, April 24, 2006

Daily Update 4/24/06

Today's posting was delayed due to the blog's not being able to download this morning for an extended period of time.

YI: +3.5

Standard oversold at this point: MDC
Moderately oversold: FDP, LSI, and WDC
Now attempting to hold some rising trend line support: CBK, CDE, FCX, NG, NTES, NVLS, STP, and SWC
Trying to hold falling trend line support: RNR
Attempting to hold the 28 DMA here: AVP, CLG, silver, RGLD, and RMBS
Now attempting to break above some falling trend line resistance: AAPL, AHO, GM, and LYO
Trying to break above the 28 DMA: The DRG index, KO, MRK, OCR, and XLP
Now up against some rising trend line resistance: SGDE
Moderately overbought at this level: CHINA, EWP, NFI, PHG, SGP, WB, and XLF
Standard overbought now: EWI, GFI, JCP, LMT, MU, PPG, SNE, TMO, and TXU
Extremely overbought: NOK and PLT
A possible top near this level: BA
Anything posted here may be off base.

Friday, April 21, 2006

DELL (Dell Inc.) is getting oversold.

Daily Update 4/21/06

YI: +3.5

Possible bottom here: PG
Trying to bottom out near this level: WON
Standard oversold at this point: DELL and the dollar.
Now attempting to hold some rising trend line support: BPOP, ERF, and RMBS
Trying to break above some falling trend line resistance: AIG, ALEX, GE, IIT, MCRS, POM, SMTC, and WTS
Attempting to break above the 28 DMA here: The BTK index, CAKE, MSCC, and PNRA
Now up against some rising trend line resistance: IWM, PDE, PETM, RFMD, RIG, SBUX, and the S&P-500.
Moderately overbought at this point: AMTD, ELN, EOG, MMC, MRVL, NLY, the OEX index, the VXO, and YCC
Standard overbought: BHI, CHK, CMI, CREE, EWD, EWU, FXE, GR, HIT, INTU, IRF, MER, RDC, SFY, TKR, TRF, and the XNG index.
Extremely overbought now: gold, PTR, and XLE
A possible top in place near this level: IFN and LSS
To a sell: The XAU index at 11 AM yesterday.
Anything posted here may be off base.

Thursday, April 20, 2006

TIE (Titanium Metals Corp.) is looking toppy at this level.

Daily Update 4/20/06

YI: +3.5

Moderately oversold at this point: NWL
Now attempting to hold some rising trend line support: MTU
Trying to hold falling trend line support: DJ
Attempting to hold the 28 DMA: RI
Now trying to break above some falling trend line resistance: ACF, ADP, APPB, BAC, EMC, GM, GT, IBM, KO, PG, RGLD, USU, WB, XLU, and XMSR
Attempting to break above the 28 DMA: FBR, INTC, JDSU, and XRX
Now up against some rising trend line resistance: CDE, EWI, NSC, and QCOM
Moderately overbought: ARM, the BKX index, CY, the DJ-30, the E-Mini 500, FTO, JNPR, KMX, SHI, the S&P-500, and WOR
Standard overbought at this level: ASA, ECA, IWM, RIO, TSM, TZOO, XLB, and the XOI index.
Extremely overbought now: COP, FCX, GRZ, heating oil, IFN, IYM, PCU, and SU
Probable top here: TIE
Anything posted here may be off base.

Wednesday, April 19, 2006

JNJ (Johnson & Johnson) is trying to bottom out here.

Daily Update 4/16/06

YI: +3

Possible bottom here: JNJ
Trying to bottom out around this level: AMD and MO
Moderately oversold: JDSU and MAT
Attempting to hold some rising trend line support: DUK and MCD
Attempting to hold the 28 DMA here: AMN, CGI, LYO, and RHAT
Now trying to break above some falling trend line resistance: ANH, AU, CHINA, EBAY, JNPR, MER, MMC, MRVL, NXL, SGP, STX, TYC, and XLP
Now up against some rising trend line resistance: AEM, CLG, and SWC
Moderately overbought: C, ENER, RGLD, and STP
Standard overbought at this point: ABX, KGC, NEM, and STMP
Extremely overbought: GG, N, and OXY
A possible top in this area: ERF
Anything posted here may be off base.

Tuesday, April 18, 2006

PNRA (Panera Bread Co.) is also trying to bottom out here.

MDC (MDC Holdings Inc.) is now trying to bottom out.

Daily Update 4/18/06

YI: +1.5

Trying to bottom out: MDC and PNRA
Moderately oversold: BAA, ELY, IIT, JOSB, and WB
Now attempting to hold some rising trend line support: ELY, the E-Mini 500, and TZOO
Trying to hold falling trend line support: DELL
Attempting to hold the 28 DMA here: BBBY, NSC, PMCS, and STX
Now trying to break above some falling trend line resistance: CY, HMY, IYM, JCP, RNR, SNDK, SPIR, STP, and VIGN
Attempting to break above the 28 DMA: EWJ, SPIR, and VIGN
Now up against rising trend line resistance: GYMB
Anything posted here may be off base.

Saturday, April 15, 2006

CAT (Caterpillar Inc.) is standard overbought.

MOT (Motorola Inc.) may be forming a top in this area.

Daily Update for: 4/17/06

YI: +2

Trying to bottom out: MCRS, MMC, and YHOO
Extremely oversold at this point: WON
Moderately overold: BMS, EMC, HPQ, MDC, MFE, the OEX index, PHG, SLE, the VXO, WTS, and the XCI index.
Now attempting to hold some rising trend line support: BBBY, DO, the E-Mini 500, ECA, QCOM, and SU
Trying to hold falling trend line support: MDT
Attempting to hold the 28 DMA here: AAPL, ALEX, ECA, HIT, IFN, NFI, RIG, RIO, and SCHW
Now trying to break above some falling trend line resistance: AMAT, ARM, ELN, GLW, GNSS, JNJ, REDF, RFMD, and TMO
Attempting to break above the 28 DMA here: GPC
Now up against some rising trend line resistance: TIE
Standard overbought at this level: CAT
Extremely overbought: BA
A possible top in this area: MOT
A break out in either direction is on the way for: INTC
Anything posted here may be off base.

Thursday, April 13, 2006

SPC (Spectrum Brands Inc.) is trying to bottom out.

Daily Update 4/13/06

YI: +2

Possible bottom here: SPC
Attempting to bottom out in this area: AHO, AMAT, AMZN, the BTK index, the DRG index, NST, and PBY
Standard oversold at this point: PEG
Moderately oversold: CAKE, DVY, the E-Mini 500, GT, IBM, JWN, MRK, NI, NXL, PNRA, POM, RADN, RNR, SGP, SMTC, the S&P-500, TSS, TSY, TTH, VZ, and XRX
Trying to hold some rising trend line support: AEM, ANH, AU, C, CLF, ENR, EWJ, HMC, IFN, INTU, LSS, MRK, MRVL, NWL, SEE, SHI, SKS, SLE, and the XNG index.
Trying to hold falling trend line support: PMCS, PTR, and SPIR
Attempting to hold the 28 DMA: ASA, BKS, CREE, EWG, the IIX index, IRF, IWM, KEA, PPG, the 4Q, RGLD, WY, and XLK
Now attempting to break above some falling trend line resistance: ACF, CHC, CLG, and ERICY
Moderately overbought: SFY
Anything posted here may be off base.

Wednesday, April 12, 2006

N (Inco Ltd.) may be forming a top here.

Daily Update 4/12/06

YI: +2
Standard oversold at this point: CHC
Moderately oversold now: ACAS and APPB
Trying to hold some rising trend line support: AMN, BAA, BMS, BPOP, CHINA, the DJ-30, EWI, JDSU, MDC, NSC, OCR, PNRA, RFMD, RMBS, SIFY, WB, WMB, and XLP
Attempting to hold falling trend line support: PG
Attempting to hold the 28 DMA: BMY, FTO, LSI, and WHR
Trying to break above some falling trend line support: CMI
Attempting to break above the 28 DMA: The dollar.
Now up against some rising trend line resistance: BA
Moderately obverbought at this point: RHAT
Standard overbought: Heating oil.
A possible top forming in this area: Gold and N
Anything posted here may be off base.

Tuesday, April 11, 2006

HLR (Hollinger Intl. Inc.) may be bottoming out here.

Daily Update 4/11/06

YI: +3
Possible bottom here: HLR
Trying to bottom out in this area: AIG, SPC, and XLU
Moderately oversold now: The BTK index, the DRG index, ENR, JNJ, KO, MSCC, NST, SNA, TYC, and XLP
Now attempting to hold some rising trend line support: AMAT, APPB, BAC, CLG, DVY, EWG, GE, GR, NFI, TKR, X, and XLF
Trying to hold falling trend line support: AHO and RNR
Attempting to hold the 28 DMA: CPB, CSCO, the DJ-30, the E-Mini 500, EWP, EWQ, FDP, FXE, HMY, MER, the OEX index, PLL, Q, RFMD, the S&P-500, SYMC, and TMO
Now attempting to break above some falling trend line resistance: SHI
A break out in either direction is on the way: WB
Anything posted here may be off base.

Monday, April 10, 2006

EWJ seems a bit toppy.

Daily Update 4/10/06

YI: +3
Attempting to bottom out in this area: BGF
Standard oversold at this point: SPC
Now trying to hold some rising trend line support: ABX, ACF, COP, EWD, LSI, VZ, and XLB
Trying to hold some falling trend line support: NWL
Attempting to hold the 28 DMA: GLW, NTES, and RADN
Now trying to break above some falling trend line resistance: ANH, CLF, JWN, NVLS, and the VXO
Attempting to break above the 28 DMA: VIGN
Moderately overbought now: AAPL, CGI, INTU, MSO, PDE, TZOO, USU, WMB, and XMSR
Standard overbought here: AA, CSTR, EWC, GOOG, N, PLT, PMCS, and WY
Extremely overbought: GYMB and RMBS
A possible top in this area: EWJ, MTU, QCOM, and TSM
A break out in either direction is on the way: AVP, BMS, and ELN
Anything posted here may be off base.

Friday, April 7, 2006

AEM is "shooting for the stars"...

Daily Update 4/7/06

YI: +4
Moderately oversold: DJ and F
Attempting to hold rising trend line support: DELL, JOSB, PHG, and SBUX
Attempting to hold falling trend line support: CAKE, GE, and NST
Attempting to hold the 28 DMA: PNRA and SGDE
Attempting to break above falling trend line resistance: IBM, MRVL, RGLD, and TKR
Attempting to break above horizontal trend line resistance: STMP
Attempting to break above the 28 DMA: AMD
Now up against some rising trend line resistance: The E-mini 500, NOK, the S&P-500, and XLF
Moderately overbought: ALEX, BHI, ERF, HPQ, MDC, NEM, NSM, SNDK, SUN, TASR, WDC, and the XCI index.
Standard overbought: COP, EWI, GRZ, HIT, LSS, OXY, PCU, RIG, SIFY, and SU
Extremely overbought: HMC
A possible top in this area: ASA, EWP, PPG, and XLE
Probable top here: AEM
Anything posted here may be off base.

Thursday, April 6, 2006

GM is trying to bottom out once again.

Daily Update 4/6/06

YI: +4.5
Possible bottom here: GM
Trying to bottom out: GNSS
Moderately oversold: CGI
Attempting to hold some rising trend line support: ELY, HMY, JNJ, RFMD, and XRX
" some falling trend line support: GM
Attempting to break above some falling trend line resistance: ADP and ALEX
Now up against rising trend line resistance: BPOP, OGE, and SEE
Moderately overbought: AMTD, CSTR, ECA, IDA, and MU
Standard overbought: FXE
Extremely overbought: EWD and WTZ
A possible top here: EWG
A break out in either direction on the way: LYO
Anything posted here may be off base.

Wednesday, April 5, 2006

Gold Reserve, Inc. is overbought here and may be topping out.

Daily Update 4/5/06

YI: +4
Trying to bottom out: TXU and XLU
Moderately oversold: CLF, CY, KMX, and NLY
Trying to hold some rising trend line support: AIG, ENER, EOG, heating oil, GG, JWN, KEA, KGC, silver, NTES, PLT, PNRA, Q, RDC, SNDK, the XAU index, and XMSR
Trying to hold horizontal trend line support: JNPR
Attempting to hold the 28 day moving average: APPB, CBK, GR, GYMB, MAT, PETM, SGP, STMP, TKR, TTH, and TYC
Trying to break above some falling trend line resistance: AMAT, AMD, and CAT
Now up against some rising trend line resistance: NSC
Moderately overbought at this point: AA, ABX, SNE, and THQI
Standard overbought now: EWA, EWJ, and FCX
Extremely overbought: EWQ
A possible top in this area: GRZ
A break out in either direction is on the way: BKS
Anything posted here may be off base.

Monday, April 3, 2006

CTXS (Citrix Sys. Inc.) now extremely overbought.

Daily Update for 4/3/06

YI: +3
Trying to bottom out now: AMTD and PEG
Standard oversold at this point: MDT
Moderately oversold: MO
Now attempting to hold some rising trend line support: CAKE, DJ, MSO, SKS, TZOO, and WY
Trying to hold some rising trend line support: ABS, BMS, C, CHINA, JOSB, LMT, MFE, NWL, RHAT, and VZ
Now attempting to break above some falling trend line resistance: EWP, FDP, IDA, IIT, MRVL, TRF, and WDC
Now up against some rising trend line resistance: AEM
Moderately overbought at this point: AU, GFI, RNR, and WTS
Standard overbought: CLG, IYM, and MER
Extremely overbought: CTXS
Anything posted here may be off base.

Sunday, April 2, 2006

NTES (Netease Com Inc.) may be putting in a top in this area.

Daily Update for 4/3/06

YI: +2.5
Moderately oversold at this point: BGF and OCR
Now attempting to hold some rising trend line support: AVP, BHI, CAT, FTO, HMC, MRK, OXY, WHR, the XOI index, and YCC
Attempting to hold the 28 day moving average here: MDC and SEE
Trying to break above some falling trend line resistance: EWA, INTU, and PBY
Attempting to break above the 28 day moving average: MU, NST, and WTC
Now up against some rising trend line resistance: LSI, MAT, and PNRA
Moderately overbought art this point: ASA, GE, HIT, the 4Q, STX, SU, SYMC, and TSM
Standard overbought: BAA, gold, MTU, and NG
A possible top near this area: AMN, heating oil, NTES, RADN, and WTZ
Anything posted here may be off base.