Wednesday, March 15, 2006

Daily Update for: 3/15/06

YI: +3.5
A possible bottom here for: SMH and YHOO
Trying to bottom out in this general area: MRVL and STX
Now trying to hold some rising trend line support: PG and PLT
Trying to hold some falling trend line support: PDE
Attempting to hold the 28 day moving average: AMN and OCR
To a hold for now: F
Now trying to break above some falling trend line resistance: AA, AMD, BHI, CMI, EWA, HIT, IYM, KGC, LMT, OXY, SFY, SGDE, SGP, SIFY, and WTZ
Attempting to break above the 28 day moving average: TZOO and WDC
Now up against some rising trend line resistance: EWD and EWG
Moderately overbought at this point: AVP, BMS, JNJ, JOSB, MAT, NSC, OGE, TRF, TTH, VZ, and the XAU hourly.
Standard overbought here: CTXS, the DRG index, and NWL
A break out in either direction is on the way: GRZ
Anything posted here may be off base.

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