T.A. update for the open, February 4, 2009.

1. Yi: -2
2. Trying to bottom out in this area: $CRB, $DJW, $DJX, $SPX, AA, ACF, AMAT, AXB, B, CAT, CLF, CSL, DDM, DELL, EWA, EWI, EWJ, GF, GPC, IYY, LDK, LOW, NOK, PBY, PEP, PG, PTEN, PTR, SDTH, SHLD, SU, TAN, WFR, WHR, WSO, WY
3. Extremely oversold: GM
4. Moderately oversold: $WTIC
5. Now trying to hold the 28 DMA: $XAU, $XOI, ABX, NEM, PGM
6. Now trying to hold the 65 DMA: AAPL and JOSB
7. Toppy here: COGO
8. Anything posted here may be off base.