Thursday, January 18, 2007

Based on the 1/17/07 close.

YI: +4.5

To a buy: MOT
Trying to bottom out in this area: BAA
Extremely oversold now: AMD
Standard oversold at this point: Heating oil and SYMC
Moderately oversold: CGI, IDA, and QLGC
Trying to hold some rising trend line support: AAUK, DELL, ENR, MU, SLE, and XMSR
Attempting to hold the 28 DMA here: MFE
Trying to break above some falling trend line resistance: CSTR, EBAY, FTO, gold, MRK, NEM, and TOL
Trying to break above horizontal trend line resistance: PHG and TXU
Attempting to break above the 28 DMA here: ENER, NOK, SIFY, and WTS
Now up against some rising trend line resistance: BMY, GPC, the E-Mini 500, and IBM
Moderately overbought now: AVP, CPB, the dollar, IYM, JCP, NSC, RADN, and XLB
Standard overbought: GYMB
Extremely overbought: BMS, JWN, LMT, and SNE
A possible top may be forming in this area for: STP
Toppy here: ARM, GR, the OEX index, PG, SPC, and XLF
To a sell: MER
A break out in either direction is on the way for: AIG, KO, and PEG
Anything posted here could be off base.

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