S&O's based on closing prices of 7/17/06

YI: +1

Trying to hold some rising trend line support: AEM, AVP, FBR, GG, MRK, and the VXO
Attempting to hold the 28 DMA here: TXU
To no position for now: AMZN, GLW, INTC, and MRVL
To a hold: EMC, PBY, SMTC, and WON
Trying to break above some falling trend line resistance: ACF, EMC, FXE, GPC, the IIX index, IRF, IWM, MCRS, NSC, NSM, PBY, RMBS, SIFY, SPC, TASR, WHR, and WY
Attempting to break above the 28 DMA here: AMZN, BA, FDP, GOOG, LSS, MFE, SMTC, STX, WON, and X
Moderately overbought now: APPB, BMS, CAKE, the DJ-30, the DRG index, ELY, the E-Mini 500, ERICY, EWA, EWD, EWQ, GE, GLW, HIT, IBM, the IIX index, JWN, MSCC, MU, NOK, NWL, PMCS, PPG, the 4Q, RFMD, SMH, SNDK, the S&P-500, T2106, TKR, TSM, VIGN, WB, the XCI index, and XLK
Standard overbought at this point: AAPL, AMN, AMTD, F, HPQ, IDA, IIT, INTU, MER, the OEX index, STP, and WGII
A possible top may be forming in this area for: AAUK, CSCO, SNA, and XRX
A break out in either direction is on the way: GRZ
Anything posted here may be off base.