E.O.D. May 31, 2007

1. YI: +4.5
2. Trying to bottom out: GRZ
3. Moderately oversold: QCOM and STP
4. Trying to hold some rising trend line support: ENR, PDS, USU, and the VXO
5. Trying to break above horizontal trend line resistance: BHI
6. Trying to hold falling trend line support: AMD
7. Attempting to hold the 28 DMA here: ERS, EWD, EWI, KEP, LUFK, and MTH
8. Trying to break above some falling trend line resistance: ABX, ACAS, AVP, CHK, CPB, EWA, GFI, IRF, KEY, KGC, KMX, NEM, SHI, SLV, and TKR
9. Trying to break above the 28 DMA here: IDA, NEM, PLT, SNDK, THQI, and XLU
10. Now up against some rising trend line resistance: ALD, EWQ, GE, OXY, QQQQ, RDC, SLE, and XLB
11. Moderately overbought: ACF, ARM, ELY, IYR, JCP, KEA, and SFY
12. Standard overbought: The BTK index, CORS, EXP, GPC, and KO
13. Extremely overbought: EMC, FCX, FTO, IWM, IYM, NOK, PBY, ROK, SMTC, and the XCI index.
14. A possible top may be forming in this area for: JNPR and RIO
15. Toppy here: AMZN, CREE, the DJ-30, IBM, OKE, TTH, WMB, X, XLK, and XLP
16. To a sell: BA
17. A break out in either direction is on the way for: ERIC and SGP
18. Anything here may be off base.