T.A. update for the open, January 27, 2009.

1. Yi: -2.5
2. Trying to bottom out in this area: AVP, GPC, MSCC
3. Standard oversold: CAT
4. Moderately oversold: B
5. Trying to hold the 65 DMA here: ERIE
6. Trying to break above the 28 DMA here: $SOX, BPZ, CHK, CLF, GTU, LEN, LUFK, MTH, PNRA, QQQQ
7. Trying to break above the 65 DMA: $CRB, $WTIC, T, TOT, USD
8. Moderately overbought now: $XAU, ASA, ERIC, GG, GOOG, IBM, KFT, PEG, SLW, SUN, TPX, VFC, WGW, XLU
9. Standard overbought: $GOLD and $GOLD weekly, ABX, AEM, EGO, HMY
10. Toppy here: GDX, GFI, GLD
11. Anything posted here may be off base.