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

1. Yi: +2.5
2. Now trying to bottom out in this area: $BDI-weekly, CPSL, FRO, GLW, GMR, WATG, WFR, YGE
3. Extremely oversold here: ENER and FSLR
4. Standard oversold: MFE, SPWRA, TAN, YGE
5. Moderately oversold: $CRB, AA, ACH, AMAT, BPZ, CAT, CBK, ELN, GA, GMR, IFN, LUFK, NM, PBW, PBY, QCOM, RAIL, RJA, RJI, SHLD, SU, TIE, TSL
6. Attempting to hold the 65 day here: $PLAT, $WTIC, AA, F, GE, GPC, LOW, PHI, T, TOT, TPX, UGA, WFC, XOP
7. Attempting to hold the 28 day: $OEX, $SPX, $XEU, AXP, BAC, C, EWI, FCX, GF, IYY, KBE, MEOH, USB, WDC, WHR, WY
8. Moderately overbought now: $VIX
9. Anything posted here may be off base.