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Re: Yogizuna post# 168

Thursday, 12/18/2003 9:02:35 AM

Thursday, December 18, 2003 9:02:35 AM

Post# of 238
YI: +4.5 And the question for today is will we finally make it up to the infamous +5 extremely overbought level for the market today, or will the +4.5 area prove good enough to start the long delayed inevitable correction...

To buy: OEX, QQQ, and SOX hourly charts, and S
Possible bottom here: KMX
Extremely oversold: SNDK
Oversold: QLGC
Moderately oversold: DELL, IRF, JNPR, and RI
Trying to hold rising trend line support: CRB Index, MAT, MTF, PDG, SFP, TYC, and X
Trying to hold falling trend line support: AMD, FLEX, MCRS, and RFMD
Trying to hold the 28 DMA: APPB, AU, BKS, JDSU, MSCC, STMP, and the XAU
To no position: EWU, IBM, MDT, UTY index, VISG, and WIN, which has not won in a long time... :)
To hold: FLEX and SMTC
Trying to break above falling trend line resistance: HD
Trying to break above the 28 DMA: MOT
Moderately overbought: CPB and the DRG index.
Extremely overbought: MO
Up against rising trend line resistance: S&P-500
Possible top here: GE
Break out in either direction on the way: ALTI, API, CIEN, MTF, PLUG, and SO
And as is always the case of course, anything posted above may be way off base, depending on market conditions and system or human error.


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