T.A. update for the open, January 20, 2009.

1. Yi: -3
2. Trying to bottom out in this area: $CRB, $DJW, $HGX, AAPL, ARM, BNI, DELL, DVY, GE, MBI, MEOH, MMC, MSCC, NTES, T, TLB, WHR
3. Extremely oversold now: KBE, USB, UYG, WFC, XLF
4. Standard oversold: ARM, BPOP, DVY, JASO
5. Moderately oversold: ACF
6. Trying to hold the 28 DMA here: $PLAT, FXF, MKC
7. Trying to hold the 65 DMA: ACH, EEFT, ELN, NAT
8. Anything posted here may be off base.