Daily Update

YI: +4

Possible bottom in place: F
Trying to bottom out at this level: ECA, Heating Oil, and WOR
Now standard oversold: SGDE
Moderately oversold: FTO, TXU, and the XOI
Trying to hold some rising trend line support at this point: ARM, BA, CAT, CPB, CSCO, ELY, EWA, GOOG, INTU, IWM, JDSU, JNJ, JWN, MCRS, OXY, PHI, PNRA, QLGC, RIO, SFY, SIFY, SMTC, STX, and XRX
Trying to hold some falling trend line support here: CY, the E-Mini 500, and the 4Q
Attempting to hold the 28 DMA now: AMTD, BHI, CHK, the DJ-30, MER, MMC, MO, NSM, PDE, PTR, SNA, the S&P-500, WHR, XLP, and the XNG
To no position for now: MER
Trying to break above some falling trend line resistance: EWD, NWL, and WGII
Attempting to break above the 28 DMA: SKS
A break out in either direction is on the way: ENR
And as is always the case, anything posted here may be more or less off base...