S&O based on closing prices of 8/11/06

YI: -1.5

To a buy: EMC and GLW
Trying to bottom out now: BA, BKC, and RIG
Standard oversold at this point: SWC and WDC
Moderately oversold now: BHI
Trying to hold some rising trend line support: CLF, ERF, ERICY, FCX, NLY, OXY, RIO, SPIR, SUN, TXU, and VIGN
Trying to hold some falling trend line support: CREE
Attempting to hold the 28 DMA here: CMI, DELL, the DRG index, GM, gold, heating oil,
RGLD, and SGP
To no position for now: BAC
Trying to break above some falling trend line resistance: ACF, INTU, and TRF
Now up against rising trend line resistance: MO
Moderately pverbought at this point: JCP
To a sell: The XAU hourly at 11 AM on Friday.
A break out in either direction is on the way for: AMAT and INTC
Anything posted here may be off base.