Daily Update 4/11/06

YI: +3
Possible bottom here: HLR
Trying to bottom out in this area: AIG, SPC, and XLU
Moderately oversold now: The BTK index, the DRG index, ENR, JNJ, KO, MSCC, NST, SNA, TYC, and XLP
Now attempting to hold some rising trend line support: AMAT, APPB, BAC, CLG, DVY, EWG, GE, GR, NFI, TKR, X, and XLF
Trying to hold falling trend line support: AHO and RNR
Attempting to hold the 28 DMA: CPB, CSCO, the DJ-30, the E-Mini 500, EWP, EWQ, FDP, FXE, HMY, MER, the OEX index, PLL, Q, RFMD, the S&P-500, SYMC, and TMO
Now attempting to break above some falling trend line resistance: SHI
A break out in either direction is on the way: WB
Anything posted here may be off base.