S's & O's based on the closing prices of 9/1/06

YI: +2.5

Trying to bottom out here: CBK and JCP
Standard oversold at this point: BHI and JOSB
Moderately oversold now: EOG, FTO, GG, OXY, PTR, SUN, WTS, and the XOI index.
Trying to hold some rising trend line support in this area: AMAT, the BTK index, DELL, EWP, GE, MSCC, and STMP
Attempting to hold the 28 DMA here: BAC, NOK, and the XNG index.
Trying to break above some falling trend line resistance here: AAPL, AU, the BKX index, CREE, EWJ, DO, MFE, PDE, RGLD, SVU, and the XAU index.
Attempting to break above the 28 DMA here: AA, LSI, and ACF
Now up against some rising trend line resistance: NWL and the S&P-500.
Moderately overbought at this point: EWA, GYMB, JNPR, CAKE, PLL, QCOM, QQQQ, RNR, STX, and TSM
Standard overbought now: KMX, ABX, CLG, HPQ, MCRS, NVLS, and SNDK
Extremely overbought here: GLG and NST
A possible top may be forming in this area for: LYO, NG, and OGE
A break out in either direction is on the way for: MDC
And of course, anything posted here may be off base due to human error.