T.A. update for the open, October 13, 2009.

1. Yi: +4.75, so the market is becoming overbought here once again.
2. Trying to bottom out here: $VIX
3. Standard oversold now: NTES
4. Attempting to hold the 65 DMA here: T and WOR
5. Attempting to break above the 28 day: $GASO, LOW, WY
6. Attempting to break above the 65 day: AVAV and ENER
7. Moderately overbought now: $SOX, BNI, CAT, EEFT, GPC, IYY, KBE, PBW, PLL, RJI, SDTH, USD, WDC, YGE
8. Standard overbought: CREE, IBM, KGC, MSCC, SWK, UGP, WFC
9. Extremely overbought: $XOI
10. Toppy here: $SPX, B, CAT, CHK, CNK, DDM, IWM, IYY, KGC, MEOH, MFE, MMC, SDTH, SWK, UGP, USB
11. Possible top here for: $DJX and $GOLD
12. Anything posted here may be off base.