Daily Update 6/1/06

YI: 0

A possible bottom may be forming in this area for: SBUX and TSM
Trying to bottom out now are: MRVL, NSM, and VIGN
Standard oversold at this point is: BKS
Moderately oversold now: BA, MRK, and SNDK
Trying to hold some rising trend line support at this juncture: ABX, AMTD, the BKX index, CPB, EWA, GOOG, the IIX index, KO, RGLD, RI, SGP, SNE, SPC, SPIR, STMP, STP, TTH, VZ, and WTS
Attempting to hold horizontal trend line support: The DJ-30
Trying to hold some falling trend line support: GT and MFE
Attempting to hold the 28 DMA here is: RNR
To no position: The XAU hourly at 11 AM yesterday.
Now trying to break above some falling trend line resistance: GLW, MCD, MCRS, MTU, RADN, THQI, and XMSR
Attempting to break above horizontal trend line resistance is: CLG
Attempting to break above the 28 DMA here: The BTK index, EWQ, KGC, and SMTC
Moderately overbought now is: WMB
A possible top may be forming in this area for: ELN
Anything posted here may be off base.