Daily Update for: 3/29/06

YI: +3
Trying to bottom out around this level: SNE
Moderately oversold at this point: PEG and XLU
Now attempting to hold some rising trend line support: AMD, APPB, DUK, ERICY, EWI, GNSS, GR, MCD, MFE, SGP, SPC, and the XCI index.
Trying to hold some falling trend line support: AMTD, HLR, and MDT
Attempting to hold the 28 day moving average: The BKX index, EWP, IBM, JCP, and JNJ
Now trying to break above some falling trend line resistance: ACAS, BAA, GG, gold, and TZOO
Trying to break above horizontal trend line resistance: EOG
Attempting to break above the 28 day moving average: MSO, NEM, and WMB
Now up against some rising trend line resistance: gold, TTH, and XLE
Moderately overbought at this point: CHK, CLG, FCX, MCRS, RGLD, WHR, and the XAU index.
Standard overbought: AVP and WTZ
Extremely overbought: BR
A possible top here: ACF, BR, NG, PLL, TIE, and X
To a sell: FTO
Anything posted here may be off base.