Daily Update: 3/9/06

YI: +2
Trying to bottom out: ALEX, ARM, EBAY, NI, PDE, SMH, TSM, and USU
Standard oversold at this point: CLF, GT, LSS, MRVL, NEM, RGLD, SYMC, WMB, and the XAU index.
Now moderately oversold: ACAS, ASA, BHI, CAKE, ENER, ENR, ERF, HIT, HLR, heating oil, IYM, MSCC, MU, N, PHG, PTR, RADN, RIO, TXU, WDC, WHR, XLU, and the XNG index.
Trying to hold some rising trend line support here: BR, CDE, CHK, CTXS, ERICY, EWC, EWJ, GLW, the IIX index, IWM, MMC, NG, OXY, PCU, PPG, RDC, SWC, X, the XCI index, and XLE
Now attempting to hold some falling trend line support: KGC, LYO, MDC, VIGN, and WOR
Attempting to hold the 28 DMA here: AMTD, the BTK index, CDE, CLG, CMI, EMC, EWD, EWP, EWU, GNSS, HPQ, IFN, KMX, NG, NSM, QLGC, REDF, SIFY, and TIE
To no position for now: TRF
Now trying to break above some falling trend line resistance: BAC, the Dollar, GM, PBY, and RI
Now up against some rising trend line resistance: ABS and XLP
Anything posted here may be off base.