Friday, March 31, 2006

Daily Update for 3/31/06

YI: +3
Possible bottom here: REDF
Trying to bottom out around this level: PG
Moderately oversold: AHO, AIG, and MMC
Now attempting to hold some rising trend line support: CBK, ENR, FBR, and MSCC
Attempting to hold the 28 day moving average here: KMX
Now trying to break above some falling trend line resistance: AAPL, AU, the BTK index, FXE, GFI, and MOT
Attempting to break above the 28 day moving average here: AMZN, EBAY, and RNR
Now up against some rising trend line resistance: CTXS, EWQ, GR, GYMB, NTES, QCOM, TMO, XLB, and XLK
Moderately overbought at this point: BHI, ENR, EOG, gold, GOOG, GRZ, MOT, NEM, PCU, PLT, RIO, the XAU index, and the XOI index.
Standard overbought at this point: DUK, IFN, the IIX index, RI, and XLE
Extremely overbought here: DO
A possible top here: BBBY, LSS, RDC, and SWC
Probable top here: TIE
A break out in either direction is on the way: ALEX and JNPR
Anything posted here may be off base.

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