Friday, March 3, 2006

Daily Update for: 3/3/06

YI: +3.5
A possible bottom may be here for HMY
These are all trying to bottom out: AMZN, AU, DELL, EOG, FDP, JNJ, and NEM
FBR is standard oversold at this point.
The following are now moderately oversold: GE, MCD, MSO, and WY
Now trying to hold some rising trend line support: BAC, DVY, PHG, and XMSR
Attempting to hold the 28 day moving average: BMY, DUK, and WB
Now trying to break above some falling trend line resistance: AMD, ANH, ASA, BHI, IYM, MFE, MRVL, PDG, and RFMD
Attempting to break above the 28 day moving average: JNPR, JWN, NVLS, TKR, and the VXO
Now up against some rising trend line resistance: CY, GLW, NXL, and STX
Moderatel overbought at this point: RHAT and SPC
Standard overbought now: CSCO, HPQ, KEA, PETM, PLT, and PPG
Extremely overbought: AMN
A possible top may be here for: CTXS and LSI
Anything posted here may be off base.

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