Update for August 28, 2008.

1. YI: -1
2. Possible bottom here for: MER
3. Trying to bottom out in this area: CAKE, EWI, UN
4. Attempting to hold the 28 DMA here: $IIX, CSL, GLW, KFT, KO, PEP, PHI, PNRA
5. Attempting to break above the 28 DMA: $CRB
6. Moderately overbought now: AEM, ERIC, PTEN, SUN, TLB, XLU
7. Possible top here for: CNK
8. More later. Anything posted here may be off base.