Update for July 30, 2008.

1. YI: -3.5
2. Possible bottom here for: ACH and AMAT
3. Trying to bottom out in this area: BA, GF, GM, MER, and PEG
4. Standard oversold at this point: AAPL, TSL, and TSU
5. Moderately oversold here: UGP
6. Trying to hold some rising trend line support: EWJ and GLD
7. Trying to hold falling trend line support: ADP, AIG, BMY, IFN, KO, SNE, SYY, T, TTH, and UGP
8. Attempting to hold the 28 DMA here: C, GE, GPC, KBE, MTH, and PAYX
9. Up against rising trend line resistance: NAT
10. Trying to break above some falling trend line resistance: ARM, AVP, and JASO
11. Trying to breakn above the 28 DMA here: QQQQ
12. Anything posted here may be off base.