Late afternoon update, Feb. 19, 2009.

1. Trying to bottom out in this area: C, CAKE, EEFT, EWI, EWJ, FRO, GIS, IFN, IYY, JASO, PTR, SKS, SU, UGA
2. Extremely oversold: PTEN, USB, WFC
3. Standard oversold: C, FXF, LOW, T, X
4. Moderately oversold: BMY, OGE, PBW, PEG, PNRA, TIE, UGA, WOR, XLU, XOP
5. Attempting to hold the 65 day moving average: CBK, CHK, CLF, IRF, QQQQ, SPWRA, TPX, VFC
6. Trying to break above the 28 day moving average: PBY
7. Trying to break above the 65 day moving average: MBI and PEP
8. Standard overbought: HMY and WGW
9. Toppy here: GDX, GFI, PGM, SLV
10. Anything posted here may be off base.