T.A. update for the open, February 3, 2009.

1. Yi: -3
2. Trying to bottom out in this area: $XEU, AKNS, CBK, CPSL, CSCO, CTB, DVY, KBE, MMC, NWL, PBW, PTEN, SKS, URE, UYG, XLF
3. Extremely oversold now: ACAS, ARM, BPOP, NWL, PTEN
4. Standard oversold: AA, ACF, CAT, DELL, GM, GPC, LOW, PG, ROK, WY
5. Moderately oversold: $DJX, $HGX, $OEX, $SPX, AMAT, AXB, B, BBT, CSL, DDM, ERIE, EWA, EWI, EWJ, EXP, FROFXF, GF, IWM, IYY, PEP, PTR, SHLD, SU, SWK, TAN, TIE, USD, WFR, WOR, WSO, X
6. Trying to hold the 28 DMA here: $IIX, AEM, ERIC, GIS, GLW, OCR, PEG, SLW, SUN, UGA
7. Trying to hold the 65 DMA: $SOX, CAKE, FCX, LMT, MFE, MOT, PLL, PNRA, TPX, TSM, UGP
8. Trying to break above the 28 DMA: $VXO, NST, NTES, PAYX, PHI, V
9. Toppy here: $USD
10. Anything posted here may be off base.