E.O.D. May 18, 2007

1. YI: +5
2. A possible bottom may be forming in this area for: AU
3. Trying to bottom out now: FXY, GG, GLD, LSI, NVLS, RMBS, RGLS, SLV, SWC, and the XAU index.
4. Standard oversold here: CORS, HIT, NEM, and STX
5. Moderately oversold: ENER, EWJ, MCRS, MDT, MU, and OGE
6. Trying to hold some rising trend line support: BHP, CLF, EBAY, FXE, GNSS, HPQ, IYR, MTD, SEE, SNA, TKR, TMO, and WIRE
7. Trying to hold falling trend line support: EXP, IRF, and MTU
8. Attempting to hold the 28 DMA here: CREE, KO, NSM, PLT, WDC, and WY
9. Trying to break above some falling trend line resistance: ACF, AMTD, APPB, ENR, ERIC, GF, NST, PG, RGLD, and RYL
10. Attempting to break above the 28 DMA here: CBK, JCP, MTH, RT, and RYL
11. Now up against some rising trend line resistance: BA, CFC, DVY, EOG, SNE, and XLB
12. Moderately overbought now: ALD, INTU, MOT, and SFY
13. Standard overbought: C, DO, NSC, and PTR
14. Extremely overbought: NBR, PDE, RNR, and SGP
15. Toppy here: ERF and GT
16. To a sell here: EWC and MCD
17. A break out in either direction is on the way for: AVP, FBR, FDP, KEA, SYY, and TZOO
18. Anything here may be off base.