S&O's for the close of August 2, 2007

1. YI: -3
2. Possible bottom here for: BPOP, C, and CORS
3. Trying to bottom out: ACF, CBK, and NWL
4. Extremely oversold: LSI
5. Standard oversold: The BTK index and MTU
6. Moderately oversold: DO, IIT, MRVL, and RDC
7. Trying to hold some rising trend line support: GNSS, JOSB, PLT, SFY, and XLE
8. Trying to hold horizontal trend line support: FBR
9. Trying to hold falling trend line support: CFC
10. Attemting to hold the 28 DMA: PCU
11. Trying to break above some falling trend line resistance: AEM, APPB, EWD, GM, IBM, IDU, the IIX index, IYM, JNJ, KO, LOW, MDC, the OEX index, SBUX, THQI, TKR, TSS, and WTS
12. Attempting to break above the 28 DMA: ARM and FXC
13. Up against rising trend line resistance: BGF
14. Moderately overbought: WMB
15. Standard overbought: AMAT
16. Toppy: DNR
17. Anything here may be off base.