Daily Update 7/11/06

YI: -1

Trying to bottom out: KEA
Standard oversold: IRF
Trying to hold some rising trend line support: AU, BMS, CHC, COP, CPB, ERICY, GG, heating oil, NG, SBUX, SIFY, SUN, and VIGN
Trying to hold some falling trend line support: AMAT, CLG, and GNSS
Attempting to hold the 28 DMA: AMN, ARM, CSTR, ERF, and IWM
Trying to break above some falling trend line resistance: ACF and F
Attempting to break above the 28 DMA: WON
Moderately overbought: XLP and XRX
A possible top may be foorming in this area for: AA
Anything posted here may be off base.