S&O's for EOD August 16, 2007.

1. YI: -4.5 (Once again, the -5 level on the YI indicated a deeply oversold condition for the market, resulting in an incredible recovery bounce off the lows of the day.)
2. To a buy: The XAU hourly at 2 PM yesterday, and SWC
3. Possible bottom here for: ACAS and PLL
4. Trying to bottom out now: BBBY, CORS, CREE, the IIX index, MDC, MTH, OCR, PBY, PDE, PXD, RHT, RYL, SMH, TOL, USA, and XLE 
5. Extremely oversold: AAUKD, ACF, AMD, ARM, CFC, LOW, TICC, and the VXO.
6. Standard oversold: AAPL, ALEX, AMN, ASA, BVN, CAT, CDE, the DJ-30, the E-Mini 500, ERF, ERIC, EWQ, F, FCX, GLW, HMC, IIT, KGC, KMX, MU, NG, NWL, PCU, PHG, PTR, RDC, RIO, the S&P-500, TIE, TXU, USA, and the XAU index.
7. Moderately oversold: AMAT, CSTR, CY, EEFT, EWP, IDU, JWN, LMT, MCD, MFE, NEM, NOK, QQQQ, SNA, SNDK, and WTS
8. Trying to hold some rising trend line support: AEM, AMZN, BHP, COP, CSCO, the DRG index, EWA, EWD, EWG, EWI, EWJ, EWU, FXB, GE, GGB, GLD, GR, GRZ, IFN, IRF, IYM, JNPR, JOSB, LSI, MER, MRK, MRVL, NSM, the OEX index, PDA, PEG, QCOM, SBUX, SHI, SNE, SUN, TASR, TCK, TMO, TSM, WMB, and X
9. Trying to hold falling trend line support: ABX, ALD, AMTD, BA, BGF, BHI, BKC, BMY, the BTK index, CLF, CMC, DO, the DRG index, ENER, EOG, EXP, GE, GG, GM, HPQ, IYR, KO, MOT, MSCC, RIG, SFY, SLV, TKR, TLB, XLP, and the XOI index.
10. Attempting to hold the 28 DMA here: EBAY
11. To a hold for now: PDS
12. Trying to break above some falling trend line resistance: BPOP and WHR
13. Attempting to break above the 28 DMA here: JPM and SGP
14. Standard overbought: FXY
15. Anything here may be off base.