1/15/09 Late Day Update

1. Trying to bottom out here: CTB, FXI, MSCC, NOK, PAYX, PBY, PTEN, SDTH, STX, TIE, URE, USD, UYG, WY
2. Extremely oversold: NWL
3. Standard oversold: KBE, MEOH, MMC, NTES, PG, T, XLF
4. Moderately oversold: ERIC, GDX, GLD, GOOG, IWM, IYY, JASO, JNJ, KO, LDK, LOW, LUFK, MFE, MTH, NAT, OGE, PBW, QQQQ, SPWRA, TAN, TOT, V, WFR, WHR, WSO, X, XLU
5. Trying to hold the 28 DMA: EEFT, FCX, FTO, IBM, IRF, JOSB, PEG, PGM, TSL, WDC, WGW
6. Trying to hold the 65 DMA: EXP, GF, GFI, LPL, MCD, PTR, SHI, TKR
7. Anything posted here may be off base.