T.A. update for the open of Dec. 16, 2008.

1. Yi: -0.5
2. Probable bottom here for: ACAS
3. Trying to bottom out in this area: BAC, KBE, LDK, UYG
4. Moderately oversold now: PAYX and PEP
5. Trying to hold the 28 DMA here: $OEX, $SPX, AAPL, IDA, JCP, MER, QQQQ, SUN, WATG
6. Trying to hold the 65 DMA: B, COGO, CPSL, LOW, LPL, SLW, T
7. Trying to break above the 28 DMA here: CREE, DELL, GF
8. Trying to break above the 65 DMA: BPOP, FXF, PEG
9. Moderately overbought now: BMY, EEFT, X
10. A break out in either direction is on the way for: ROK
11. Anything posted here may be off base.