T.A. update for Sept. 30, 2008.

1. Yi: -4.5
2. Extremely oversold now: CLF, CPSL, CSIQ, GA, MEOH, PPC, TAN, WDC, WFR
3. Standard oversold: ARM, EXP, LDK, NTES, PBW, QCOM, SDTH, SUN, TIE, V, WOR
4. Moderately oversold now: MFE, OGE, SPWR
5. Attempting to hold the 28 DMA here: MTH
6. Attempting to hold the 65 DMA: DVY, LOW, TLB
7. Trying to break above the 28 DMA: $USD
8. And as is always the case, anything posted here may be off base.

The Ponzi-Plus Plan

As he says, we must change our ways, nothing else will do. The "American Dream" as we knew it and once lusted after is over, at least in it's current form of massive waste and corruption.

The Enablers

T.A. update for Sept. 29, 2008.

1. YI: -2.5
2. Trying to bottom out: AIG and TKR
3. Extremely oversold: CBK
4. Standard oversold: B
5. Moderately oversold: CAKE and QCOM
6. Attempting to hold the 28 DMA here: $XAU and WSO
7. Attempting to hold the 65 DMA: CSL
8. Attempting to break above the 28 DMA: IBM and PHI
9. Attempting to break above the 65 DMA: GFI
10. A break out in either direction is on the way for: STX
11. And as is always the case, anything posted here may be off base.

Race To The Bottom

$700 Billion Is Just A Start.

Baby Boomer Panic!

Corruption at Standard & Poor's.

Fed acted like a "liquidity drug dealer".

Lopsided paychecks.

It is time to bring CEO pay back to at least the 1980 multiple of the average worker's salary.

TA update for September 26, 2008.

1. YI: -2.5
2. Trying to bottom out in this area: AMAT, MEOH, PEG, PTEN, ROK, SHI, $SOX
3. Extremely oversold: X
4. Standard oversold: CAT
5. Moderately oversold: ALEX, IWM, PAYX, PBCT, UYG
6. Attempting to hold the 28 DMA: CDE, DVY, NEM, TLB
7. Attempting to hold the 65 DMA: ARM
8. Trying to break above the 28 DMA: EWI
9. Anything posted here may be off base.

Good video with Bill Moyers and Kevin Phillips on Bad Money.

TA update for September 25, 2008.

1. YI: -3.5 (If the YI can put in a higher low here, some type of rally may be in the cards.)
2. Trying to bottom out in this area: $IIX, $OEX, AAPL, BA, BMY, GA, PAYX, USD, WDC, WFR, XLU
3. Extremely oversold: SKS
4. Standard oversold: MEOH
5. Moderately oversold: CNK. LDK, MKC, SUN
6. Attempting to hold the 28 DMA here: $HGX, GIS, KBW, KFT, MMC, MTH, SHLD, WOR, XLF
7. Attempting to hold the 65 DMA: EXP, GG, JNJ, MCD
8. Trying to break above the 28 DMA here: BZP
9. Moderately overbought now: FNM and SPWR
10. Anything posted here may be off base.

TA update for September 24, 2008.

1. YI: -3
2. Moderately oversold now: $USD, KO, SYY
3. Attempting to hold the 28 DMA here: MMC, PEP, WHR
4. Attempting to hold the 65 DMA: AVP, GPC, IWM, MFE, NWL, PBCT, PG, VFC
5. Trying to break above the 28 DMA: $CRB, $WTIC, GIS
6. Trying to break above the 65 DMA: EGO
7. Moderately overbought now: $XAU, ASA, CDE, GDX, NEM, PMPX
8. Anything posted here may be off base.

Good one from Bill Fleckenstein

ABX is under the "yellow caution" flag here.

ABX is trying to break above the 65 DMA here, so I will try and wait for a better time to buy.

TA update part 2 for September 23, 2008

1. Trying to bottom out in this area: PBY
2. Standard oversold: SKS
3. Attempting to hold the 28 DMA here: PBCT, SYY, VFC, WHR
4. Attempting to hold the 65 DMA: PG
5. Attempting to break above the 28 DMA here: SU, TOT, $XOI
6. Attempting to break above the 65 DMA: NAT
7. Moderately overbought at this level: SLV and WY
8. Anything posted here may be off base.

TA update part 1 for September 23, 2008.

1. YI: -2 (Well what can I say, the Yogi Index zero line acted as an area of resistance for the overall market once again.)
2. Attempting to hold the 65 DMA here: IRF
3. Attempting to break above the 65 DMA: ACH, CSIQ, EWJ, JASO
4. Moderately overbought now: ACAS, AEM, BZP, C, CEF, GDX, GLD
5. Toppy here: CSL
6. Anything posted here may be off base.

T.A. update for September 22, 2008.

1.  YI: 0 (Often the area around the Yogi Index zero line acts as an area of support or resistance for the overall market, so it will be interesting to see what happens next. No guarantees of course.)
2. Probable bottom in this area for: $PLAT
3. Trying to bottom out in this area: PPC
4. Attempting to hold the 28 DMA here: PG
5. Attempting to break above the 28 DMA: $OEX, $SPX, BGF, CDE, EWA, EWI, FXI, GOOG, IBM, LDK, LUFK, SUN
6. Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, CEF, CNK, LUFK
7. Moderately overbought in this area: ACAS, AKNS, ALEX, CAKE, ERIE, IDA, IWM, KBE, KGC, LEN, TPX, WOR
8. Standard overbought at this point: BPOP, CREE, DVY, KBW, KFT, NST, PBCT, PNRA, USB, WSO
9. Toppy here: RGLD, SHLD, TLB
10. And as is always the case, anything posted here may be off base.

Mentally challenged behavior runs Wall Street these days..

This video will give you some idea of what we are up against these days folks.

Update for September 19, 2008.

1. YI: -1.5
2. Probable bottom in this area for: GF and SHI
3. Possible bottom here for: EWI, GA, STX, T
4. Trying to bottom out: ELN, IYY, PHI, PLL, V, WFR, X
5. Extremely oversold now: AA, IFN, MOT, ROK, UGP
6. Standard oversold: ERIC, MEOH, PEG, XLU
7. Moderately oversold: OGE and PAYX
8. Attempting to hold the 28 DMA here: $USD and VFC
9. Attempting to hold the 65 DMA: GPC, MKC, OCR
10. Attempting to break above the 28 DMA here: $XAU, ABX, ASA, GDX, KGC, NEM, SLV, WGW, WHR
11. Attempting to break above the 65 DMA: AEM, GLD, EGO
12. Moderately overbought now: CREE, GLD, GTU
13. Standard overbought: RGLD
14. Toppy here: GIS
15. Anything posted here may be off base.

Update for September 18, 2008.

1. YI: -4
2. Possible bottom here for: PLG and TIE
3. Trying to bottom out in this area: ACAS, DELL, SU
4. Extremely oversold now: $CRB, EWA, EWI, FXI
5. Standard oversold: GE
6. Moderately oversold: BMY and COGO
7. Attempting to hold the 28 DMA here: BAC, BPOP, DVY, KFT
8. Attempting to hold the 65 DMA here: $HGX, KBE, KBW, LOW
9. Attempting to break above the 28 DMA: GG
10. Anything posted here may be off base.

Update Part II for September 17, 2008.

1. Possible bottom here for: PTEN and SHI
2. Trying to bottom out: MBI, NAT, TIE
3. Extremely oversold: WB
4. Standard oversold: MOT, PBW, ROK, T, TOT, USD, UYG, V
5. Moderately oversold: JNJ, MFE, OGE, PAYX, PLL, SKS
6. Attempting to hold the 28 DMA: NWL and PG
7. Attempting to hold the 65 DMA: LDK and LMT
8. Moderately overbought: RGLD and USB
9. Anything posted here may be off base.

Update for September 17, 2008.

1. YI: -2
2. Possible bottom here for: AMAT
3. Trying to bottom out: CAKE, CREE, GE 
4. Extremely oversold: $OEX, $SOX, $SPX, $VXO, $XOI, AA, AAPL, ACH, C, DELL, FXI, GLW, JASO
5. Standard oversold: ACAS, BGF, IFN
6. Moderately oversold: BAC, BNI, CNK, EEFT, IWM, IYY
7. Attempting to hold the 28 DMA here: ACF
8. Attempting to hold the 65 DMA: AVP, BPOP, EXP, GTU, IRF
9. Attempting to break above the 28 DMA here: AEM and FXF
10. Anything posted here may be off base.

Up the creek without a paddle...

 We are up the proverbial creek without a paddle, as incompetent American management teams flush us all down the tubes.

1. YI: -3.5
2. Possible bottom here for: PBY
3. Extremely oversold: STX
4. Moderately oversold now: PNRA
5. Attempting to hold the 28 DMA here: ARM and CBK
6. Attempting to hold the 65 DMA: KBW
7. Attempting to break above the 28 DMA here: SPC
8. Standard overbought: CSL
9. Toppy here: PEP, PG, SHLD, SYY
10. Anything posted here may be off base.

Update for September 15, 2008.

1. YI: -1
2. Probable bottom here for: $WTIC
3. Possible bottom here for: $CRB, $PLAT, FXI, GF, GLW, SLV, USD, WATG
4. Trying to bottom out in this area: BZP, DELL, GA, MOT, NTES, PLG, PTR, ROK, SDTH, WDC
5. Extremely oversold now: FXF, SHI, USD, WFR
6. Standard oversold: AMAT
7. Attempting to hold the 28 DMA here: COGO, LOW, SEED, T
8. Attempting to hold the 65 DMA: C and MFE
9. Attempting to break above the 28 DMA: LDK
10. Moderately overbought now: $VXO, GM, KFT, KO, WSO
11. Standard overbought: SHLD and SYY
12. Toppy here: SUN
13. Anything posted here may be off base.

Update for September 12, 2008.

1. YI: -1.5
2. Possible bottom here for: $IIX, $SOX, AA, AAPL, AKNS, ASA
3. Trying to bottom out in this area: AIG, AMAT, ELN, UGP, WATG
4. Extremely oversold: MER, PGM, PLG, PMPX
5. Moderately oversold now: B, BA, CREE, KBW, MOT, NTES, WB
6. Attempting to hold the 28 DMA here: EEFT, JNJ, LOW, MBI, OGE
7. Attempting to hold the 65 DMA here: PHI and XLF
8. Attempting to break above the 28 DMA here: WOR
9. Moderately overbought now: NST and SUN
10. Standard overbought: PEP
11. Toppy here: PG
12. Anything posted here may be off base.

Update for September 11, 2008.

1. YI: -2.5
2. Possible bottom here for: ELN
3. Trying to bottom out in this area: $IIX, $SOX, $WTIC, $XAU, AA, ABX, ACH, AEM, CDE, EWA, GFI
4. Extremely oversold: DELL and GFI
5. Standard oversold: AAPL
6. Attempting to hold the 28 DMA here: BPOP and ERIE
7. Attempting to break above the 65 DMA: CAKE
8. Moderately overbought: $VXO
9. Toppy here: CBK
10. Anything posted here may be off base.

Update

1. Possible bottom here for: GFI
2. Trying to bottom out in this area: CPSL, GA, GDX, GF, GG, PEG, QCOM, RGLD
3. Extremely overold: AEM, AIG, AKNS, ASA, BZP, CLF, CSIQ, GA, GOOG, JASO, NEM, PBW, PTEN, PTR, SU, TAN, TKR, TOT, TSL, WATG, X
4. Standard oversold: ELN, EWA, FXI, GTU, NAT, QQQQ, ROK
5. Moderately oversold: LUFK, SGP, UGP
6. Attempting to hold the 28 DMA: CSY
7. Attempting to hold the 65 DMA: LDK, MOT, SPWR
8. Attempting to break above the 28 DMA: KO
9. Attempting to break above the 65 DMA: NTES
10. Moderately overbought now: MCD, TPX
11. Standard overbought: CBK, TLB
12. Toppy: QID
13. Anything posted here may be off base.

Update for September 10, 2008.

1. YI: -3
2. Probable top here for: $USD
3. More later. Anything posted here may be off base.

Update for September 9, 2008.

1. YI: -1.5
2. Trying to bottom out here: $XOI, AAPL, ACH, CAT, GLW, NOK, SHI, TKR, TOT, WFR, XLU
3. Extremely oversold: $CRB and $WTIC
4. Standard oversold: $IIX and PEG
5. Moderately oversold: QCOM
6. Attempting to hold the 28 DMA here: LDK, NTES, TIE
7. Attempting to hold the 65 DMA: PAYX
8. Attempting to break above the 65 DMA here: $DJX, ACAS, HMC, WM
9. Standard overbought at this point: PBCT
10. Anything posted here may be off base.

Update for September 8, 2008.

1. YI: -3
2. Trying to bottom out in this area are: AKNS, ASA, BA, BZP, CSIQ, DELL, EWI, EWJ, FXI, GLD, IFN, JASO, NEM, PPW, PTEN, PTR, STX, SU, TSL, TSM, USD, WDC, WGW, WOR
3. Extremely oversold now: $XAU, AA, ABX, ACH, GDX, GG, GLW, NOK, TOT, WFR
4. Standard oversold: $XOI, AMAT, CLF, EWA
5. Moderately oversold: $DJX, $IIX, $OEX, $SOX, $SPX, $VXO, BNI, CSY, GE, IYY, MSCC, PLL, QQQQ, ROK, TAN, TIE, UGP, V, WATG, WSO
6. Attempting to hold the 28 DMA here: B, CREE, CSL, GPC, IWM, JNJ, KBW, OCR, T, WHR, WY
7. Attempting to hold the 65 DMA: CPSL, MCD, SDTH
8. Moderately overbought now: QID
9. Anything posted here may be off base.

Update for September 5, 2008.

1. YI: -3.5
2. Possible bottom in this area for: $WTIC and WDC
3. Trying to bottom out: $CRB, $PLAT, CEF, ELN, FXF, SLV
4. Extremely oversold: WGW
5. Standard oversold: BZP, CAT, DELL, PTEN, TSL, WOR
6. Moderately oversold now: ALEX, CNK, IDA, QCOM, RGLD, TKR
7. Attempting to hold the 28 DMA here: NTES, PHI, SPWR
8. Moderately overbought now: PLG
9. Standard overbought: NWL
10. Toppy here: ACF, LOW, VFC
11. Anything posted here may be off base.

Update for September 4, 2008.

1. YI: -2
2. Trying to bottom out in this area: KO
3. Extremely oversold now: CDE, GFI, SLV
4. Oversold: $CRB, $WTIC, IBM, TOT, WDC, X
5. Moderately oversold: AAPL, ELN, MEOH, SU, UGP
6. Attempting to hold the 28 DMA here: ARM, MOT, SUN
7. Attempting to hold the 65 DMA: LUFK and RGLD
8. Attempting to break above the 28 DMA here: WM
9. Attempting to break above the 65 DMA: CAKE (Corrected from yesterday.), MER, PLG, UYG
10. Moderately overbought now: CSL, CSY, PBY, WHR
11. Overbought: $HGX and EEFT
12. Possible top here for: $USD
13. Toppy here: CBK and WY
14. Anything posted here may be off base.

Update for September 3, 2008.

1. YI: -1.5
2. Trying to bottom out: PPC, STX, VNBC
3. Moderately oversold: KO
4. Attempting to hold the 28 DMA here: GIS, KFT, WFR
5. Attempting to hold the 65 DMA: B and CAKE
6. Attempting to break above the 65 DMA here: BA, IFN, V, WM
7. Moderately overbought now: $PLAT, BAC, BNI, BPOP, C, ERIE, EXP, LEN, SHLD, USB, XLF
8. Toppy here: $HGX, MBI, MTH, TLB
9. Anything posted here may be off base.

Update for September 2, 2008.

1. YI: -1
2. Trying to bottom out: GA
3. Attempting to hold the 28 DMA here: AKNS, ALEX, CNK
4. Attempting to hold the 65 DMA: IRF, IYY, PBY
5. Attempting to break above the 28 DMA here: $VXO, AA, BAC, BGF, CAKE, GF, SHI
6. Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, B, C, CLF, ERIE, LEN, PBW, T, TSL, UYG, WB, XLF
7. Moderately overbought: $HGX, ACF, CBK, COF, CREE, CSY, DVY, EEFT, IWM, KBE, KBW, MER, NST, PBCT, SKS, TPX, WSO, WY
8. Overbought: MBI
9. Toppy here: LDK, MFE, OCR, VFC
10. Anything here may be off base.