Late morning update for March 3, 2009.

1. Trying to bottom out in this area: JASO, LMT, MCD, MFE, MMC, MTH, NAT, NOK, PEP
2. Extremely oversold here: LMT, MOT, NM. NOK, OGE, PAYX, PBW, PG, SEED, SPWRA, SWK, TAN, TIE, TSL, URE, WOR, WY, X
3. Standard oversold: KO, LUFK, NAT, NST, OCR, PEP, PTR, QQQQ, SHI, SSRI, SUN, TKR, TOT, TPX, WATG
4. Moderately oversold now: LEN, LPL, QCOM, SLV, T, VFC
5. Attempting to hold the 28 day moving average here: GLD, MSCC, PGM, UGA
6. Attempting to hold the 65 day moving average: GDX, GOOG, NEM, SLW, TLB, WGW
7. Attempting to break above the 28 day moving average: IBM
8. A break out in either direction is on the way for: SHLD
9. Anything posted here may be off base.