Daily Update for: 3/7/06

YI: +2.5
Possible bottom here: GM
Trying to bottom out: FBR, MDC, and TZOO
Moderately oversold: The Dollar, GFI, and IDA
Trying to hold some rising trend line support: AMD, ASA, CLG, CSTR, the DRG index, EWP, HPQ, NST, SBUX, SUN, and XLU
Trying to hold some falling trend line support: The XAU index and the XNG index.
Attempting to hold the 28 DMA: AHO, BKS, the BKX index, CHINA, ELY, EWG, GPC, OGE, PTR, WGII, and WTS
To no position for now: EWG
Trying to break above some falling trend line resistance: AA
Attempting to break above the 28 DMA: ECA
Moderately overbought: MMC, SWC, and UST
Standard overbought: JDSU, PMCS, and RFMD
A possible top here: AMTD, CREE, PHI, PPG, and STX
A break out in either direction is on the way: TSS
Anything posted here may be off base.