Wednesday, March 22, 2006

Daily Update for: 3/22/06

YI: +4
Trying to bottom out in this area: SFY
Now trying to hold some rising trend line support: CDE, CMI, DJ, ERF, JCP, JDSU, LSI, LSS, NI, PHG, Q, SLE, SU, and XRX
Now attempting to hold some falling trend line support: XLU
Attempting to hold the 28 day moving average here: CDE, CMI, ECA, EWC, MER, and OXY
Now trying to break above some falling trend line resistance: INTU
Attempting to break above the 28 day moving average: MSCC
Moderately overbought at this level: CAKE, MFE, MRK, SGP, and TYC
A possible top in this area: HMC
Probable top here: LMT
Anything posted here may be off base.

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