Update based on the closing prices of 8/2/06

YI: 0

To a buy: CAKE
Trying to bottom out: ACF
Trying to hold some rising trend line support: NVLS, SMTC, SNE, TRF, and the VXO
Trying to hold some falling trend line support: APPB, the dollar, PBY, and PETM
Attempting to hold the 28 DMA here: NWL and OGE
To no posistion for now: BAC, GT, TXU, and WTS
Trying to break above some falling trend line resistance: ADP, CLF, the E-Mini 500, HMY, gold, RIG, SPC, and SU
Now up against some rising trend line resistance: FTO
Moderately overbought now: FCX, GLG, KGC, the XAU index, and XRX
Standard overbought: XLE
Extremely overbought: NST
A possible top may be forming in this area for: KEA
A break out in either direction is on the way for: ENER
Anything posted here may be off base.