T.A. update for the open, December 29, 2008.

1. Yi: -0.5
2. Possible bottom here for: $WTIC, LUFK, STX
3. Trying to bottom out in this area are: $CRB, ACAS, AMD, AXP, BBT, BPOP, BPZ, CSL, LDK, MBI, MER, PAYX, SHLD
4. Standard oversold now is: AAPL
5. Moderately oversold now: CREE and EXP
6. Trying to hold the 28 DMA here: $HGX, $SOX, AMAT, B, BA, DELL, IYY, JCP, LOW, LPL, MOT, PBW, PTR, SHI, TAN, TOT
7. Trying to hold the 65 DMA: ERIC, EWJ, LEN, PTR, TOT
8. Anything posted here may be off base.