Daily Update for: 7/13/06

YI: -1.5

Trying to bottom out in this area: PMCS
Standard oversold at this level: FDP and YCC
Moderately oversold at this point: ACF
Trying to hold some rising trend line support now: ENER, the E-Mini 500, EWI, EWQ, GR, MCRS, MER, and PTR
Trying to hold some falling trend line support: PLL, SMTC, and the XAU hourly.
Attempting to hold the 28 DMA here: CUP, FXE, and TKR
Now trying to break above some falling trend line resistance: BKC, CLF, PBY, and SNDK
Now up against some rising trend line resistance: CDE, KGC, and MG136
Moderately overbought now: CHC
Standard overbought at this point: LMT
A possible top may be forming in this area for: IDA, NFI, and NST
Anything posted here may be off base.