S's & O's based on the closing prices of 8/28/06

YI: +1

A possible bottom may be forming in this area for: LSI and STMP
Trying to bottom out in this area: CREE and SHI
Extremely oversold at this point: FBR
Moderately oversold now: BBBY, CBK, COP, GM, SNE, STP, and WOR
Trying to hold some rising trend line support: CHK, HPQ, MCD, SU, TSM, and the XOI index.
Trying to hold some falling trend line support: BA and the VXO
Attempting to hold the 28 DMA here: AMTD, the BKX index, CY, EWJ, JOSB, KMX, PD, and WTS
Trying to break above some falling trend line resistance: The BTK index, DELL, GLW, JNPR, KEA, MRK, and NX
Attempting to break above the 28 DMA here: GYMB
Now up against some rising trend line resistance: WMB
Moderately overbought at this point: ELN and WB
A possible top may be forming in this area for: SNDK
And of course, anything posted here may be off base due to human error.