S&O's based on the close of 10/3/06

The YI at +4 now, is signaling a significant top of some kind is on the way for the overall market by Thanksgiving, but of course no timing system is perfect and anything can and sometimes will happen in the great casino we call the market.

Trying to bottom out at this point: ARM, DJ, and STMP
Standard oversold now are KEA and SNE
Moderately oversold here: CHC, FDP, and QCOM
Trying to hold some rising trend line support: CAKE, ELY, ENR, GLG, gold, KEA, MRK, NFI, NVLS, Q, QLGC, QQQQ, SEE, SHI, the XCI index, and the XOI index.
Trying to hold some falling trend line support: CHK, COP, ECA, GG, MG135, and SU
Attempting to hold the 28 DMA here: ALEX, AMZN, MMC, MU, RMBS, SMH, and THQI
To no position for now: CSCO and JWN
Trying to break above some falling trend line resistance at this point: PDA and SVU
Attempting to break above the 28 DMA here is: STP
Now up against some rising trend line resistance: The BTK index and HPQ
Moderately overbought: HMC
And of course as is always the case, anything posted here may be off base.