T.A. update for the open, May 18, 2009.

1. Yi: +2.5
2. Trying to bottom out in this area: SWK and TLB
3. Moderately oversold now: ELN, LPL, LUFK, PBY, PGM, RAIL, SKS, SU, T, XLU, XOP
4. Attempting to hold the 28 day moving average: $DJX, $SPX, $XOI, BAC, DDM, IBM, KBE, NTES
5. Attempting to hold the 65 day moving average: AMAT JASO, LOW, T
6. Moderately overbought now: KO
7. Possible top here for: UGA
8. A break out in either direction is on the way for: HCBK
9. Anything posted here may be off base.