Daily Update for: 2/21/06

The YI is now +3.5

Now trying to hold some some rising trend line support: ADP, ELY, and NSC
Trying to hold falling trend line support: MTU
To a hold for now: INTC
Now trying to break above some falling trend line resistance: CHK, EMC, F, FTO, GOOG, LSS, SFY, and USU
Attempting to break above the 28 day moving average: AAPL, ABX, ERF, the 4Q, and SYMC
Now up against some rising trend line resistance: The DJ-30, EBAY, NSM, and Q
Moderately overbought at this point: BKS, CTXS, DD, the E-Mini-500, GLW, HLR, NWL, SCHW, SNA, XLF, and XLK
Overbought now: The BTK index, DVY, IWM, MRK, POM, the VXO, and WB
Extremely overbought here: WTS
A possible top in place now: AEM, BAC, BKS, the BKX index, the BTK index, CBK, CSCO, the DJ-30, the OEX index, the S&P-500, and WHR
Anything posted here may be more or less off base.