Daily Update for: 2/28/06

The YI: +4
Trying to bottom out now: GM, JNPR, RNR, and SMH
Now moderately oversold: AMAT, FDP, and JWN
Trying to hold some rising trend line support: BPOP, FTO, RIO, and TSY
Attempting to hold the 28 day moving average: ACAS and PBY
To no position for now: CAT
Trying to break above some falling trend line resistance: AVP, EWC, EWJ, GLW, GOOG, MMC, PHG, and XLK
Attempting to break above the 28 day moving average: Heating Oil, TYC, and USU
Now up against some rising trend line resistance: AHO
Moderately overbought at this point: ASA, CLG, Gold the bullion, ENER, and OXY
Standard overbought here: DJ and NTES
Extremely overbought: WTZ
A possible top at this level: IWM and NG
Anything posted here may be off base.