T.A. update for the open, December 1, 2009.

1. Yi: +3.85
2. A possible bottom here for: CPSL, PBY, RAIL, SHI
3. Now trying to bottom out in this area: $HGX, ELN, GMR, MMC, RBS
4. Average oversold now: CBK and ENER
5. Moderately oversold: $HGX, ACH, COGO, CSL, DELL, EWI, KFT, NOK
6. Attempting to hold the 65 DMA here: $XOI, CSCO, GF, GG, IFN
7. Attempting to hold the 28 day: $IIX, AAPL, ACF, ASA, AVP, DVY, GE, OGE, SKS, WDC
8. Attempting to break above the 28 day: EWJ and XLF
9. Moderately overbought now: X
10. Going parabolic: TSL
11. A break out in either direction is on the way for: NWL
12. Anything posted here may be off base.