T.A. update for the open, December 26, 2008.

Because of celebrating Christmas yesterday and into early this morning, the update for today is very late. Happy Holidays to everyone!

Yi: -1
Trying to bottom out in this area: ARM, AXP, BAC, BBT, CSL, DVY, EXP, IFN, KBE, LDK, LUFK, MBI, SHLD, STX, WY
Trying to hold the 28 DMA here: $DJW, $HGX, ACH, B, CSCO, DDM, EWJ, GLW, IDA, IWM, LPL, PLG, SHI, UGP, USD, WATG
Trying to hold the 65 DMA: ERIC and FXI
Trying to break above the 65 DMA here: PGM
Standard overbought: GTU
A break out in either direction is on the way for: FRO, KFT, MMC, PBCT
Anything posted here may be off base.