TA for the open of August 8, 2011.

1. Yi: +0.85
2. Now trying to bottom out: $GASO, $WTIC, $XAU
3. Extremely oversold: $IIX, $XOI, A, AA, AKAM, AMAT, ARMH, AVP, C, CAT, CLF, CREE, CSIQ, DDM, DZZ, EGPT, FRO, FSLR, GM
4. Standard oversold: $CRB, $WTIC, ACH, AVAV, B, BBT, BGS, DELL, EWJ
5. Moderately oversold: BMY, CHK, CNK
6. Now trying to hold some rising trendline support: EEFT
7. Attempting to hold the 65 DMA here: GOOG
8. Up against the 65 DMA here: DUST
9. Extremely overbought: $VIX
10. Going parabolic: DGP and GLD
11. Anything posted here may be off base. More may be posted later on in the trading day.