Daily Update for 4/3/06

YI: +2.5
Moderately oversold at this point: BGF and OCR
Now attempting to hold some rising trend line support: AVP, BHI, CAT, FTO, HMC, MRK, OXY, WHR, the XOI index, and YCC
Attempting to hold the 28 day moving average here: MDC and SEE
Trying to break above some falling trend line resistance: EWA, INTU, and PBY
Attempting to break above the 28 day moving average: MU, NST, and WTC
Now up against some rising trend line resistance: LSI, MAT, and PNRA
Moderately overbought art this point: ASA, GE, HIT, the 4Q, STX, SU, SYMC, and TSM
Standard overbought: BAA, gold, MTU, and NG
A possible top near this area: AMN, heating oil, NTES, RADN, and WTZ
Anything posted here may be off base.