Daily Update 7/3/06

YI: 0

To a buy: F
Standard oversold: BKC and RHAT
Moderately oversold: MU
Trying to hold some falling trend line support: APPB
Attempting to hold the 28 DMA: CGI
To no position for now: The XAU hourly.
Trying to break above some falling trend line resistance: ADP, AIG, ALEX, AMTD, BAC, BKC, the BKX index, BMS, heating oil, HMY, JNJ, NG, PDE, PETM, PMCS, RADN, RDC, RI, RMBS, SFY, SGP, STMP, SYMC, and WHR
Attempting to break above the 28 DMA: ACAS, AMAT, BAA, BPOP, C, CSCO, DELL, ENER, EWJ, GPC, HIT, HMC, LMT, LSI, MER, SCHW, SIFY, SLV, SMH, and STX
Now up against some rising trend line resistance: TXU and XLP
Moderately overbought: AA, AAUK, ABX, AEM, AU, BHI, CAT, CLF, COP, the DJ-30, DO, EWG, EWI, EWP, EWQ, EWU, GFI, GLG, GLW, INTC, IWM, the E-Mini 500, IYM, MCRS, MG135, MU, NEM, NSC, PCU, POM, PTR, Q, RIG, RIO, SBUX, SHI, SU, SUN, TKR, TRF, the VXO XLE, and the XNG index.
Standard overbought: AMZN and GM
Possible top here: EOG, ERF, LSS, OXY, X, and the XOI index.
A break out in either direction is on the way for: MSO and QLGC
Anything posted here may be off base.