Daily Update for: 7/24/06

YI: -3

Attempting to bottom out now: PBY and YHOO
Standard oversold at this point: AMAT, RDC, and VIGN
Now moderately oversold: GOOG, heating oil, INTC, IWM, LSS, and PETM
Trying to hold some rising trend line support here: ARM, COP, ECA, the E-Mini 500, IYM, JCP, NLY, RGLD, and TMO
Trying to hold some falling trend line support: ALEX, FDP, TZOO, and XRX
To a hold for now: AMD
Trying to break above some falling trend line resistance: MER
Attempting to break above the 28 DMA here: BBBY, HMC, MDT, and NOK
Moderately overbought now: AAPL
Standard overbought now: N
A possible top may be forming in this area for: NST
A break out in either direction is on the way for: ERF
Anything posted here may be off base.