Update based on EOD May 23, 2008.

1. YI: +1
2. Extremely oversold: GM
3. Standard oversold: MDC
4. Moderately oversold: HON, JNJ, MKC, and PHI
5. Trying to hold some rising trend line support: AAUK, ALEX, ARM, BMY, EWJ, EXP, HMC, KEY, LEN, NAT, QQQQ, V, and XMSR
6. Trying to hold falling trend line support: TLB and XLF
7. Attempting to hold the 28 DMA here: FCX, IIX, and UGP
8. Trying to break above some falling trend line resistance: BGF and MEOH
9. Attempting to break above the 28 DMA here: KO and PEP
10. A break out either way is on the way for: SUN
11. Anything posted here may be off base.