Thursday, January 18, 2007

Based on the 1/18/06 close.

YI: +4

Extremely oversold: NFI
Standard oversold: BAA
Moderately oversold: IIT, PTR, and RNR
Trying to hold some rising trend line support: AMAT, BKS, CHC, HPQ, JNPR, PDA, and SMH
Trying to hold horizontal trend line support: ABX
Trying to hold falling trend line support: AMZN and MU
Attempting to hold the 28 DMA here: AMZN and SHI
Trying to break above some falling trend line resistance: AU, NSC, and OCR
Attempting to break above the 28 DMA here: WMB
Moderately overbought now: CLG, DJ, KGC, and NX
Toppy here: BBBY

Anything posted here could be off base.

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