E.O.D. 5-1-07

1. YI: +4.5
2. To a buy: MRVL and the XAU hourly at 2 PM yesterday.
3. A possible bottom may be forming here for: IRF
4. Trying to bottom out now: ABX, CLG, and CSL
5. Extremely oversold now: BLG
6. Standard oversold: CBK, ERS, NG, and OCR
7. Moderately oversold: AU, EWJ, FBR, GFI, GG, GNSS, GYMB, IYR, JCP, NEM, PNRA, SFY, THQI, and TSS
8. Trying to hold some rising trend line support: ALD, BMY, CTCI, EMC, GM, GT, JWN, the YI, QCOM, QQQQ, REDF, RMBS, the S&P-500, and XLU
9. Trying to hold falling trend line support: BAA, MOT, SMH, TLB, and WNG
10. Attempting to hold the 28 DMA here: ASA, BVN, CMC, COP, CPB, CSTR, ECA, GLW, GPC, HMY, IDA, IWM, IYM, MDC, NST, NX, OXY, PEG, SCHW, SHI, and the XNG index.
11. Trying to break above some falling trend line resistance: TXU
12. Now up against some rising trend line resistance: C
13. Moderately overbought: AMTD
14. Standard overbought: AVP
15. To no position for now: PEG
16. Anything posted here may be off  base.