Sunday, March 5, 2006

Daily Update for: 3/6/06

YI: +3.5
A possible bottom here: FDP
Trying to bottom out now: BPOP, F, MO, and SLE
Moderately oversold at this poin: AIG, ARM, C, and NI
Now trying to hold some rising trend line support: IDA, PLL, QLGC, SNE, and YCC
Trying to hold some falling trend line support: GM and SGP
Attempting to hold the 28 day moving average: DVY, JOSB, KO, NST, and RI
Trying to break above some falling trend line resistance: AA, AMZN, GE, GOOG, and THQI
Attempting to break above the 28 day moving average: GOOG, KGC, LSS, MOT, PDE, and SUN
Now up against some rising trend line resistance: ABX, AEM, CAT, and NOK
Moderately overbouht at this point: CHK, FXE, GYMB, Heating Oil, the IIX index, IRF, PHI, RIG, and TXU
Standard overbought at this point: DO, EWD, GG, NG, NSM, OXY, Q, and SEE
Extremely overbought here: CDE, EWC, and TIE
A possible top here: DJ, FTO, Gold the bullion, MER, N, and SU
A break out in either direction is on the way: RADN
Anything posted here may be off base.

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