Signals & Opinions

[Yogizuna]

YI: +3.5

To buy: SGP
Trying to bottom out: BBA, IDNX, and THQI
Trying to hold rising trend line support: NSC and NVLS
Trying to hold falling trend line support: VXO
Trying to hold the 28 DMA: CREE and PRGX
To no position: ABS, HLR, NLY, SU, TXU, and the UTY index.
Trying to break above horizontal trend line resistance: E-Mini 500 and the S&P-500
Trying to break above falling trend line resistance: BBBY, DJ-30, PETM, SEE, and the XLU
Trying to break above the 28 DMA: ASIA, CGI, CUM, DPH, OSX index, TXU, UTY index, and WDR
Moderately overbought: ALEX, ENR, FLEX, KGC, NLY, PCL, SNA, SVM, TKR, WIN, and the XNG index.
Overbought: IDA, NXTL, the RUT, and XEL
Extremely overbought: RJR
Up against rising trend line resistance: ASA, EWG, PLT, PPG, USU, WB, and WOR
Possible top here: ARM, EWI, JCP, MCRS, NXTL, S&P-500, SUN, and WGII
To sell: OEX and QQQ hourly charts.
Break out in either direction on the way: AYE, BMY, BNBN, DELL, HPQ, HSY, NTAP, ORCL, RI, SEBL, SKS, VIGN, and WDC
Anything posted above could be way off base of course...