Daily Update 6/16/06

YI: -1.5

Possible bottom here for: GT and LSI
Trying to bottom out around this level: APPB, BPOP, MFE, NXL, PDE, RMBS, SHI, SUN, WB, and XRX
Standard oversold at this point: SPC and WHR
Moderately oversold: NLY and RHAT
Trying to break above some falling trend line resistance at this point: AAPL, AMZN, BMY, CAT, EBAY, EMC, ERF, EWA, GNSS, IBM, the IIX index, LMT, MDC, MG135 and 136, MRVL, N, NFI, NG, NWL, PCU, PG, PHI, PLL, PMCS, QQQQ, RDC, RI, SCHW, SWC, TIE, TMO, the XCI index, XLK, and YCC
Attempting to break above the 28 DMA here: INTC
Now up against some rising trend line resistance is: BGF
Anything posted here may be off base.