Daily Update for: 4/17/06

YI: +2

Trying to bottom out: MCRS, MMC, and YHOO
Extremely oversold at this point: WON
Moderately overold: BMS, EMC, HPQ, MDC, MFE, the OEX index, PHG, SLE, the VXO, WTS, and the XCI index.
Now attempting to hold some rising trend line support: BBBY, DO, the E-Mini 500, ECA, QCOM, and SU
Trying to hold falling trend line support: MDT
Attempting to hold the 28 DMA here: AAPL, ALEX, ECA, HIT, IFN, NFI, RIG, RIO, and SCHW
Now trying to break above some falling trend line resistance: AMAT, ARM, ELN, GLW, GNSS, JNJ, REDF, RFMD, and TMO
Attempting to break above the 28 DMA here: GPC
Now up against some rising trend line resistance: TIE
Standard overbought at this level: CAT
Extremely overbought: BA
A possible top in this area: MOT
A break out in either direction is on the way for: INTC
Anything posted here may be off base.