Daily Update for: 3/28/06

YI: +4
Moderately oversold at this point: REDF and SNE
Now attempting to hold some rising trend line support: F
Attempting to hold the 28 day moving average here: DVY, GE, SIFY, and THQI
Trying to break above some falling trend line resistance: ECA, EOG, gold, heating oil, NVLS, RHAT, and TSM
Attempting to break above the 28 day moving average: BHU, SFY, SNDK, and XMSR
Now up against some rising trend line resistance: ELY, silver, MOT, and RIG
Moderately overbought at this point: ANH, CLF, HMY, KGC, N, PHG, RDC, and VZ
Standard overbought: BBBY, STMP, SWC, X, and the XAU hourly.
A possible top here: AEM, IWM, PTR, and RMBS
A break out in either direction is on the way: ARM and ERF
Anything posted here may be off base.