Daily Update 6/2/06

YI: +1

Possible bottom forming in this area for: BKS, ELY, and RADN
Trying to bottom out now is: AAPL
Standard oversold at this point: APPB
Moderately oversold: MFE
Trying to hold some rising trend line support here: BAA, EWG, GG, and MG136
Attempting to hold some falling trend line support: ASA, AU, and SLV
Attempting to hold the 28 DMA here: FXE
Trying to break above some falling trend line support at this juncture: AVP, BA, the BTK index, CHC, ENR, INTU, JWN, MER, MMC, MU, NI, PNRA, POM, PPG, SBUX, VZ, WY, and YCC
Attempting to break above the 28 DMA at this point: CHK, DO, EWP, JDSU, MCRS, PDE, and THQI
Now up against some rising trend line resistance: ERF
Standard overbought now is: BKC
A break out in either direction is on the way for: LYO and TMO
Anything posted here may be off base.