T.A. update for the open, January 2, 2009.

1. Yi: +1
2. Trying to bottom out in this area: ACAS, ARM, CPSL, DELL, WY
3. Trying to hold the 28 DMA here: TLB
4. Trying to break above the 28 DMA: $WTIC and UGA
5. Trying to break above the 65 DMA: $DJX, $HGX, $IIX, $OEX, $SOX, $SPX, AA, CLF, IYY, JASO, NOK, PG, TPX, WFC
6. Moderately overbought now: $XOI, CBK, EWJ, GF
7. A bit toppy here: EGO and OCR
8. Anything posted here may be off base.