Signals & Opinions for the June 20, 2007 close.

1. YI: +1.5
2. Moderately oversold: XLP
3. Trying to hold some rising trend line support: AVP, the dollar, EWJ, HIT, JNPR, MCD, NTES, RFMD, SVU, WY, XLE, and XLU
4. Trying to hold falling trend line support: AU and TOL
5. Attempting to hold the 28 DMA here: ACF and TXU
6. Trying to break above some falling trend line resistance: BMS, CMC, GR, IBM, and RMBS
7. Attempting to break above the 28 DMA here: gold, NSC, TZOO, and USU
8. Now up against some rising trend line resistance: EWD, FXE, and NFI
9. Moderately overbought now: FXB, IIT, KMX, MRVL, and MU
10. Standard overbought at this level: GE
11. Extremely overbought: PTR
12. A possible top may be forming here for: CAT, RDC, and SMTC
13. Toppy now: EWA
14. A break out in either direction is on the way for: BGF
15. More later. Anything here may be off base.