Based on the close of 12/19/06

YI: +4.5

A possible bottom may be forming in this area for: F
Trying to bottom out: CAKE, CHK, SFY, and WHR
Standard oversold: GYMB, MU, and TXU
Moderately oversold: AAPL, the BTK index, CDE, ECA, EOG, GOOG, IFN, IRF, KGC, NST, NXL, and TKR
Trying to hold some rising trend line support: AAPL, ALEX, COP, CSCO, DO, EBAY, the E-Mini 500, ENER, EWQ, FBR, IDA, JWN, LSS, MMC, RFMD, SHI, SIFY, SMTC, TIE, WMB, and XLE
Trying to hold falling trend line support: CBK and CMI
Attempting to hold the 28 DMA here: DELL, EWC, FTO, GPC, GR, IWM, LYO, OXY, PDE, SU, THQI, XLE, XLU, and the XNG index.
Trying to break above some falling trend line resistance: BPOP, CSTR, Q, and the XAU hourly.
Now up against some rising trend line resistance: HMC, MCD, and TYC
Moderately overbought: APPB and JNJ
Standard overbought: GE and NVLS
Extremely overbought: C
Toppy here: The BTK index.
To no position: EWQ
Anything posted here could be off base.