E.O.D. May 21, 2007

1. YI: +4.5
2. To a buy: BLG and CORS
3. A possible bottom may be forming in this area for: STMP
4. Trying to bottom out: ENER, NEM, and PNRA
5. Standard oversold: IYR
6. Moderately oversold: AMAT, FXY, and STP
7. Trying to hold some rising trend line support: AIG, EMC, IYR, OGE, and TMO
8. Trying to hold falling trendline support: FXB and KMX
9. Attempting to hold the 28 DMA here: KO, LMT, PDS, and SMH
10. Trying to break above some falling trend line resistance: AAUK, ASA, BAA, ENR, MOT, MSCC, NTES, RHT, SBUX, and XMSR
11. Attempting to break above the 28 DMA here: SIFY and TOL
12. Up against some rising trend line resistance: DVY, EON, MER, and QQQQ
13. Moderately overbought: BKS, CPB, GE, INTU, JNJ, OCR, SCHW, and TSS
14. Standard overbought: BHI, CHK, ELN, PTEN, RDC, and XLP
15. Extremely overbought: DO, FTO, FXC, IBM, IDU, MFE, OXY, XLE, and the XOI index.
16. A possible top may be forming in this area for: PDE
17. Toppy here: C
18. Probable top in this area for: IYM
19. A break out in either direction is on the way for: ERS
20. Anything here may be off base.