T.A. update for the open, December 31, 2009.

1. Yi: +5.11
2. Trying to hold some rising trendline support: CREE, CSIQ, EEFT, FRO, JASO, LOW, MSCC, NEM, NM, PBW, SHLD, SWK, TAN, TSM, URE, X, YGE
3. Attempting to hold the 65 DMA here: NAT and SLW
4. Trying to hold falling trendline support: GF and SLV
5. Now up against rising trendline resistance: IRF and OGE
6. Trying to break above some falling trendline resistance: WSO
7. Attempting to break above the 65 DMA here: TLB
8. Moderately overbought now: RJI
9. A possible top here for: GIS
10. A break out in either direction is on the way for: PG
11. Happy New Year! Anything posted here may be off base.