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.