Daily Update 4/27/06

YI: +2

Trying to bottom out in this area: AMZN, CREE, FDP, JOSB, JWN, MCD, and XRX
Moderately oversold at this point: AMTD and CLF
Trying to hold some rising trend line support: ACF, APPB, C, CHK, EOG, GOOG, GYMB, SNA, and SUN
Trying to hold falling trend line support: The BTK index and TSY
Attempting to hold the 28 DMA here: CAT, CGI, MER, PLL, SBUX, and YHOO
To no position for now: BA
Attempting to break above some falling trend line resistance: SKS, VZ, and WDC
Attempting to break above horizontal trend line resistance: BAA
Moderately overbought at this point: AHO, MO, and RADN
A possible top may be forming in this area: KMX and PPG
A break out in either direction is on the way: BKS
Anything posted here may be off base.