Thursday, March 30, 2006

Daily Update for 3/30/06

YI: +3.5
Possible bottom here: AMZN
Standard oversold at this point: PG
Moderately oversold here: EMC
Now trying to hold some rising trend line support: CREE, DVY, HPQ, MO, the OEX index, and PTR
Attemting to hold the 28 day moving average: BAC, CAT, the DJ-30, the DRG index, the E-Mini 500, EWU, NOK, SKS, SLE, SNA, SPC, WB, XLF, and XLP
Now attempting to break above some falling trend line resistance: AMTD, NEM, PNRA, STP, and TXU
Standard overbought at this point: NFI, RIG, and WHR
Anything posted here may be off base.

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