Thursday, April 13, 2006

Daily Update 4/13/06

YI: +2

Possible bottom here: SPC
Attempting to bottom out in this area: AHO, AMAT, AMZN, the BTK index, the DRG index, NST, and PBY
Standard oversold at this point: PEG
Moderately oversold: CAKE, DVY, the E-Mini 500, GT, IBM, JWN, MRK, NI, NXL, PNRA, POM, RADN, RNR, SGP, SMTC, the S&P-500, TSS, TSY, TTH, VZ, and XRX
Trying to hold some rising trend line support: AEM, ANH, AU, C, CLF, ENR, EWJ, HMC, IFN, INTU, LSS, MRK, MRVL, NWL, SEE, SHI, SKS, SLE, and the XNG index.
Trying to hold falling trend line support: PMCS, PTR, and SPIR
Attempting to hold the 28 DMA: ASA, BKS, CREE, EWG, the IIX index, IRF, IWM, KEA, PPG, the 4Q, RGLD, WY, and XLK
Now attempting to break above some falling trend line resistance: ACF, CHC, CLG, and ERICY
Moderately overbought: SFY
Anything posted here may be off base.

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