T.A. update for the open, January 26, 2009.

1. Yi: -3
2. Possible bottom in place here for: $CRB, ACF, MBI, PEP, PHI, PTEN, TLB, WATG, WHR
3. Trying to bottom out in this area: AA, CHK, CLF, ENER, FCX, FXI, GM, IWM, IYY, PBY, PTR, SEED, SKS, WSO, X
4. Extremely oversold now: JASO, LDK, USB
5. Standard oversold: ACH, PBW, SWK, TAN, TSL
6. Moderately oversold: EWJ, FRO, FXF, OGE
7. Trying to hold the 28 DMA here: ANKS and GIS
8. Trying to break above the 28 DMA: AAPL and ERIC
9. Toppy here: AVAV
10. Anything posted here may be off base.