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.