S's & O's based on the closing prices of 8/21/06

YI: +1

Trying to hold some rising trend line support: BBBY and ELY
Attempting to hold the 28 DMA here: GM
Trying to break above some falling trend line resistance: AA and EOG
Attempting to break above the 28 DMA here: AMZN and RDC
Now up against some rising trend line resistance: EWP
Moderately overbought at this juncture: ALEX, LYO, the OEX index, PD, REDF, SEE, SYMC, and the VXO
Standard overbought at this point: NVLS and TMO
A possible top may be forming in this area for: ACAS, ADP, AIG, and MER
A break out in either direction is on the way for: ELN
Anything posted here may be off base.