E.O.D. 5-2-07

1. YI: +5
2. A possible bottom may be forming in this area for: NEM, OCR, and RHT
3. Trying to bottom out now: AMD, CBK, FBR, GG, LSI, NTES, and RMBS
4. Moderately oversold: INTU, KMX, SLV, and TLB
5. Trying to hold some rising trend line support: CY, FXE, HIT, the IIX index, JCP, SNDK, TIE, and TSS
6. Trying to hold falling trend line support: ERS and SIFY
7. Attempting to hold the 28 DMA here: AA, EBAY, MSCC, PCU, and PLT
8. Attempting to hold the 50 DMA here: gold
9. Trying to break above some falling trend line resiustance: AEM, CBK, EWJ, KEY, MTU, RADN, SLE, STMP, and THQI
10. Now up against some rising trend line resistance: ALEX and Q
11. Moderately overbought:  TASR and the XAU hourly.
12. Standard overbought: ADP, EON, and HPQ
13. Extremely overbought: DJ, FDP, and FRO
14. Toppy here: GR, IBM, and PDA
15. To no position for now: NFI
16. Anything posted here could be off base.