Daily Update 4/28/06

YI: +2.5

Trying to bottom out in this area: The BTK index, DO, EBAY, and RNR
Standard oversold at this point: CAKE and STMP
Moderately oversold: EOG, LSS, MRVL, and SYMC
Trying to hold some rising trend line support: CMI, EWD, FCX, GRZ, HMY, IDA, JDSU, PDE, PEG, PLT, PMCS, RADN, RI, SFY, STP, TSM, WGII, WMB, and XLB
Attempting to hold the 28 DMA here: CDE, CHINA, COP, FTO, LMT, OXY, PTR, QCOM, the XNG index, and the XOI index.
Trying to break above some falling trend line resistance: ACAS, BGF, CSCO, and the XCI index.
Attempting to break above the 28 DMA here: VZ
Now up against some rising trend line resistance: HIT and RFMD
Moderately overbought at this point: GM and PHI
Standard overbought here: CBK and RFMD
A possible top may be forming in this area: JCP
To a sell: GG
A break out in either direction is on the way: GT
Anything posted here may be off base.