Daily update baswed on closing prices of 8/4/06

YI: 0

Standard oversold: MFE
Trying to hold some rising trend line support: ABX, BAA, GR, POM, SFY, WOR, and X
Trying to hold some falling trend line support: RIG
Attempting to hold the 28 DMA here: KO
To no position: AMD and BBBY
Trying to break above some falling trend line resistance: ACF, AMAT, BKS, BPOP, CAKE, CREE, EBAY, GT, IWM, JOSB, RI, SMH, and TKR
Attempting to break above the 28 DMA here: ALEX, AMD, GE, MDC, NTES, and PETM
Up against some rising trend line resistance: MER, NFI, SPC, and VIGN
Moderately overbought: ADP, AMN, ASA, BBBY, CAT, CBK, EWG, HPQ, IIT, RIO, SUN, WB, WGII, and WTS
Standard overbought: BKX index, CMI, KMX, and PG
Possible top here: CDE, THQI, and TSS
A break out in either direction is on the way: UMC
Anything posted here may be off base.