Daily Update 4/12/06

YI: +2
Standard oversold at this point: CHC
Moderately oversold now: ACAS and APPB
Trying to hold some rising trend line support: AMN, BAA, BMS, BPOP, CHINA, the DJ-30, EWI, JDSU, MDC, NSC, OCR, PNRA, RFMD, RMBS, SIFY, WB, WMB, and XLP
Attempting to hold falling trend line support: PG
Attempting to hold the 28 DMA: BMY, FTO, LSI, and WHR
Trying to break above some falling trend line support: CMI
Attempting to break above the 28 DMA: The dollar.
Now up against some rising trend line resistance: BA
Moderately obverbought at this point: RHAT
Standard overbought: Heating oil.
A possible top forming in this area: Gold and N
Anything posted here may be off base.