Daily Update 5/26/06

The YI is now at the zero line once again.

To a buy: PMCS
A possible bottom may be forming in this area for: AU, FCX, IFN, JNPR, RDC, and RHAT
Now attempting to bottom out are: ACF, EMC, EOG, GG, INTC, PHI, SHI, SPC, TSM, and the XNG index.
Extremely oversold at this point: XMSR
Standard oversold now is: ELY
Moderately oversold: BKC, MCD, and NWL
Trying to hold some rising trend line support here: AMD, CLG, and NSM
Gold is attempting to hold the 50 day moving average.
Trying to break above some falling trend line resistance: EWJ, FBR, GE, HMC, Q, TZOO, and VIGN
KO is now up against some rising trend line resistance.
ADP and JNJ are moderately overbought at this juncture.
Anything posted here may be off base.