YI: +4 It will be interesting to see if the market will now blow off to the upside tomorrow on the news of the capture of Saddam in Iraq, and give us an extremely overbought +5 reading on the YI at the close...
To buy: OEX-hourly at noon, and the QQQ and SOX-Hourly at 3pm on Friday, SFA and SATC
Trying to bottom out: CIEN, EELN, S, SATC, and the SOX index.
Moderately oversold: AMD, ELY, and PEP
Trying to hold rising trend line support: WIN
Trying to hold falling trend line support: VXO
Trying to hold the 28 DMA: PDG
To no position: LMT, MSFT, N, SNA, and TESOF
To hold: AHO and JNJ
Trying to break above falling trend line resistance: AMCC, ASIA, BBBY, DELL, EWM, FOX, GFI, MSCC, NXTL, QLGC, SUNW, SWC, TRF, and VIGN
Trying to break above the 28 DMA: AAPL, CHRZ, FOX, NDX index, PNRA, and the QQQ
Moderately overbought: GR
Overbought: TKR and USU
Up against rising trend line resistance: ARM, POM, S&P-500, and TSS
Possible top here: RJR
To sell: YUM
Break out in either direction on the way: ARMF, CPN, and LSS
Any of the above signals or TA opinions may be way off base of course, depending on market conditions and system or human error.