Daily update based on closing prices of 7/31/06

YI: 0

Trying to bottom out: NTES and TASR
Moderately oversold: SVU
Trying to hold some rising trend line support: BA and NEM
Trying to hold some falling trend line support: AVP
To no posiition for now: AMTD and the XAU hourly.
To a hold: AMD and STMP
Trying to break above some falling trend line resistance: ALEX, AMD, CDE, the E-Mini 500, FDP, GRZ, LSI, MCD, PLL, QCOM, SPIR, XLB, and XLK
Trying to break above horizontal trend line resistance: The DJ-30 and NLY
Attempting to break above the 28 DMA here: ADP, BPOP, DELL, GE, INTC, NSM, QQQQ, RGLD, SWC, TIE, TYC, UMC, XMSR, and XRX
Up against some rising trend line resistance: XRX
Moderately overbought now: AAUK, ABX, BMS, EWI, EWQ, FXE, GNSS, MER, NVLS, PCU, SCHW, the S&P-500, TMO, VZ, and XLE
Standard overbought: CHK and JNJ
A possible top may be forming in this area for: ECA, EWP, MO, PHG, SNE, and TTH
To a sell: BAC
A break out in either direction is on the way for: ASA
Anything posted here may be off base.