T.A. update for the open, January 14, 2009.

1. Yi: -2
2. Trying to bottom out in this area: ARM, BPOP, C, CSCO, KBE, SKS, WATG
3. Extremely oversold here: BAC
4. Standard oversold: BBT, C, WFC
5. Moderately oversold now: $DJX, $OEX, AAPL, AVP, AXP, CTB, DDM, DVY, EWA, EWI, FXI, GA, GTU, IFN, MEOH
6. Trying to hold the 28 DMA here: $CRB, $GOLD, $HGX, $IIX, $SPX, $XAU, $XOI, AMAT, BA, BGF, CAKE, CBK, CPSL, EGO, ENER, FRO, FSLR, GDX, GF, GLW, GOOG, HMY, JASO, LDK, LUFK, SLW, SYY, WGW
7. Trying to hold the 65 DMA: $XEU, ACF, ACH, AKNS, CAT, CEF, CLF, CREE, ERIC, ERIE, EWJ, FCX, GG, LMT, LOW, NST, PEG, PLL, PNRA, ROK, SLV, SU, SWK, UGP
8. Trying to break above the 28 DMA: $VIX
9. Trying to break above the 65 DMA: $USD & QID
10. Moderately overbought now: KFT
11. More later. Anything posted here may be off base.