Hope springs eternal, only to wither and die on the vine.

T.A. update for the open, April 24, 2009.

1. Yi: +2.5
2. Trying to bottom out here: NEM
3. Standard oversold: PEP
4. Moderately oversold: GIS, NST, PEG
5. Attempting to hold the 28 DMA: $PLAT
6. Attempting to hold the 65 DMA: OCR
7. Trying to break above the 65 DMA: LDK and SPWRA
8. Moderately overbought now: B, CLF, CTB, MSCC, NWL, PLL, SWK, WHR, WSO
9. Standard overbought: F, SKS, STX, WY
10. Extremely overbought: PBY
11. Toppy here: $HGX, AAPL, GA, GOOG, IBM, JOSB, LPL, MTH, PTEN, ROK, WDC
12. Anything posted here may be off base.

T.A. update for the open, April 23, 2009.

1. Yi: +2
2. Trying to bottom out in this area: $GOLD weekly, $XEU, ELN, GDX, GG, GM, PLG, RGLD, TLB
3. Moderately oversold now: BMY
4. Attempting to hold the 28 day moving average: CREE, LDK, UYG, WFC
5. Attempting to hold the 65 day moving average: $WTIC, DVY, KO, MBI, PHI
6. Moderately overbought now: CAT, GPC, IBM, LOW, PTEN, USB
7. Standard overbought: GA and VFC
8. Toppy here: $IIX, SHI, TPX, WOR
9. A break out in either direction is on the way for: GLW
10. Anything posted here may be off base.

T.A. update for the open, April 22, 2009.

1. Yi: +2.5
2. Now trying to bottom out: TOT, WFR, WGW
3. Standard oversold here: HMY
4. Moderately oversold: $WTIC, $XOI, AKNS, BA, ELN, ENER, FSLR, KO, LDK, LEN, MBIA, SPWRA
5. Attempting to hold the 28 day moving average: $DJX, $OEX, $PLAT, $SOX, $SPX, AMAT, ARM, AVAV, B, BAC, CAT, CHK, CNK, DDM, EWA, FCX, GE, KBE, PBW, PEG, T
6. Attempting to hold the 65 DMA here: ACAS and SDTH
7. Moderately overbought now: $USD
8. A break out in either direction is on the way for: NST
9. Anything posted here may be off base.

"Magic Bank Profits"

What a bunch of corrupt idiots.

T.A. update for the open, April 21, 2009.

1. Yi: +2
2. Trying to bottom out here: HMY, KGC, LUFK, NEM
3. Standard oversold: TLB and TOT
4. Moderately oversold now: $XAU, GTU, PEP, PHI, SU, SUN, TIE, WFR
5. Attempting to hold the 28 DMA here: BPOP, C, CSIQ, HCBK, JASO, MSCC, NAT, PGM, QCOM, URE, WFC, XLF
6. Attempting to hold the 65 DMA: $CRB, ASA, SDTH, SLW, TAN, TKR, UGA, UGP, UYG, V, X
7. Standard overbought now: IRF
8. Toppy here: JOSB, MFE, MOT, SKS, WY
9. Possible top here for: EEFT
10. A break out in either direction is on the way for: XLU
11. Anything posted here may be off base.

Dow Jones by Downsize (Music Video Featuring Nicole O'Connell)

This video is pretty good, and unfortunately, reflects the times we are now living in very well.

T.A. update for the open, April 20, 2009.

1. Yi: +4
2. Standard oversold now: ABX, KGC, RGLD
3. Moderately oversold: $GOLD, ASA, CEF, GG, NEM
4. Attempting to hold the 65 day moving average: $XEU, TLB, WFR
5. Moderately overbought now: $DJW weekly chart, $DJS, $OEX, $SPX, ARM, BA, BBT, CLF, DDM, DELL, DVY, EWJ, MSCC, SDTH, TKR, URE
6. Standard overbought: $HGX, AXB, CNK, COGO, GPC, IWM, IYY, JOSB, KBE, LDK, LMT, MFE, MTH, PNRA, PTEN, ROK, TPX, WATG, WFC, WHR, WSO
7. Extremely overbought: $IIX, ACF, GOOG, SHLD
8. Possible top here for: EWI, QCOM, TAN, WDC
9. Toppy here: BPZ, EEFT, EXP, PBW, QQQQ, TIE, USD
10. Probable top here for: NTES
11. A break out in either direction is on the way for: $CRB, $XOI, CREE
12. Anything posted here may be off base.

T.A. update for the open, April 17, 2009.

1. Yi: +3.5
2. Trying to bottom out in this area: AVAV and TOT
3. Moderately oversold now: $XEU and LUFK
4. Attempting to hold the 28 day moving average: $WTIC, MCD, SSRI, SUN
5. Attempting to break above the 65 day moving average: PG
6. Moderately overbought now: CSL, LEN, MTH, NM, NWL, PLL, WHR
7. Standard overbought now: MEOH
8. Extremely overbought: FXI and PBY
9. Toppy here: AA, AXP, FSLR, PTR, TAN
10. Probable top here for: ACF, ACH, SHI
11. Going parabolic: EEFT and WATG
12. A break out in either direction is on the way for: AKNS, CSIQ, FRO, RBS
13. Anything posted here may be off base.

T.A. update for the open, April 16, 2009.

1. Yi: +3
2. Trying to bottom out in this area: CBK, KFT, MKC
3. Moderately oversold now: $XOI, BMY, GIS, IDA, MCD, PEG, SYY, WFR, WGW
4. Attempting to hold the 28 day moving average: STX and T
5. Attempting to hold the 65 day moving average: B and GFI
6. Attempting to break above the 65 day moving average: NM and SPWRA
7. Moderately overbought now: BNI and JASO
8. Standard overbought: WATG
9. Toppy here: CHK, FSLR, GA, IFN, TSL
10. Going parabolic: ACH
11. A break out in either direction is on the way for: $CRB, AEM, EGO, GG, NEM, SUN
12. Anything posted here may be off base.

T.A. update for the open, April 15, 2009.

1. Yi: +2.5
2. Possible bottom here for: QID
3. Trying to bottom out in this general area: $BDI weekly chart.
4. Moderately oversold now: $USD, TOT, XLU
5. Attempting to hold the 28 DMA here: MSCC, PG, TLB
6. Attempting to hold the 65 DMA here: $GOLD weekly chart.
7. Attempting to break above the 65 DMA: PLG, SLV, URE
8. Moderately overbought now: FSLR, MKC, X
9. Standard overbought: ACF, CHK, CTB, GA
10. Extremely overbought: $PLAT
11. Possible top here for: ACH
12. Toppy: CREE, ERIC, EWI, F, FXI, IYY, NOK, PBY, PTEN, SU, TSM, USD, WATG, XLF
13. Going parabolic: SHI
14. A break out in either direction is on the way for: $XAU and NAT
15. Anything posted here may be off base.

T.A. update for the open, April 14, 2009.

1. Yi: +3.5
2. Trying to bottom out here: GM
3. Extremely oversold: QID
4. Moderately oversold: $BDI weekly chart, CBK, MKC
5. Attempting to hold the 28 DMA here: $GOLD weekly chart, AVAV, NST, PG
6. Attempting to hold the 65 DMA here: PEG and PEP
7. Attempting to break above the 28 DMA here: $DJW weekly chart, PRBLX weekly.
8. Attempting to break above the 65 DMA here: AKNS, SLV, SSRI
9. Moderately overbought now: $DJX, $HGX, BPOP, BPZ, C, CAT, CPSL, CSCO, DVY, EWI, EWJ, GE, GF, MBI, PAYX, PBW, RAIL, RBS, SEED, SKS, TIE, TKR, UYG
10. Standard overbought: AA, BAC, HCBK, IFN, KBE, LOW, NOK, PTR, SU, V, WY, XLF
11. Extremely overbought: NYA50R weekly chart and ACH
12. Possible top here for: AAPL and ACF
13. Toppy here: $IIX, $OEX, $SPX, AXP, EWA, FCX, GOOG, IWM, IYY, JOSB, KBE, LPL, NTES, QCOM, QQQQ, ROK, SHLD, VFC
14. Going parabolic: TSL
15. A break out in either direction is on the way for: KFT
16. Anything posted here may be off base.

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

1. Yi: +3
2. Now trying to bottom out: ELN and PLG
3. The VIX is now indicating a standard overbought reading for the market.
4. Moderately oversold here: KFT
5. Attempting to hold the 28 day moving average: BMY
6. Attempting to break above the 65 day moving average: ACAS, ARM, C, LDK, NST, OCR, PLL
7. Moderately overbought now: $DJW, $GOLD weekly chart, AVP, BAC, BBT, PTEN, ROK, TSL, USB, WFC, XLF
8. Standard overbought: ACH, AXP, B, F, FXI, JOSB, PBY, UGP, WOR, WSO
9. Extremely overbought: SHI
10. Toppy here: IBM, PGM, PHI
11. Anything posted here may be off base.

T.A. update for the open, April 9, 2009.

1. Yi: 1.5
2. Now trying to bottom out in this area: ENER, KGC, RGLD, SPWRA, TOT
3. Moderately oversold: ACAS, CEF, CLF, SPWRA
4. Attempting to hold the 28 day moving average: AMAT, ELN, MSCC, TLB, UGA, URE
5. Attempting to hold the 65 DMA here: $DJX, $OEX, $SPX, AA, ASA, AXB, BNI, DDM, KBE, NAT, RBS, WHR
6. Attempting to break above the 65 DMA: $USD and BPOP
7. Moderately overbought now: CTB and GA
8. A break out is on the way for: BBT and C
9. Anything posted here may be off base.

T.A. update for the open, April 8, 2009.

1. Yi: +1
2. Trying to bottom out in this area: $GOLD, HMY, SLV
3. Moderately oversold now: EGO and ELN
4. Attempting to hold the 28 DMA here: $WTIC, $XAU, ARM, ASA, MMC, NEM
5. Attempting to hold the 65 DMA here: GDX and GTU
6. Trying to break above the 65 DMA here: LMT
7. Moderately overbought now: LMT
8. Standard overbought: TSL
9. Toppy here: ACF and CAKE
10. A break out in either direction is on the way for: FSLR
11. Anything posted here may be off base.

T.A. update for the open, April 7, 2009.

1. Yi: +2
2. Trying to bottom out: QID
3. Standard oversold: HMY
4. Moderately oversold: ABX, AEM, GDX, KGC, PLG, RGLD, TOT
5. Attempting to hold the 28 day moving average: BMY, NAT, SLW, SSRI, WGW
6. Attempting to hold the 65 DMA: EGO, EWJ, GG
7. Attempting to break above the 65 day moving average: NWL and URE
8. Moderately overbought: $CRB, CHK, IRF, TAN
9. Standard overbought: $IIX
10. Possible top here for: CREE and NTES
11. Toppy here: $IIX, $SOX, AAPL, ACH, AMAT, EXP, F, GA, LPL, MFE, PBY, PNRA, UGP
12. A break out in either direction is on the way for: FSLR
13. More later. Anything posted here may be off base.

T.A. update for the open, April 6, 2009.

1. Yi: +2.5
2. Moderately oversold: $GOLD, $USD, GLD, HMY, SLV
3. Attempting to hold the 65 DMA here: $XAU, CEF, GFI, SLV
4. Attempting to break above the 28 DMA: $DJW, ABX, AXAV
5. Attempting to break above the 65 DMA: AKNS, BA, BAC, CAT, CLF, PRBLX, ROK, SKS
6. Moderately overbought now: $DJX, $HGX, $OEX, $SPX, $WTIC, $XEU, $XOI, AA, ACF, ACH, AMAT, AVP, AXB, B, CBK, CNK, DDM, EWA, EWI, GPC, HCBK, IFN, JOSB, KBE, KO, LOW, LUFK, MCD, MTH, NAT, OCR, PBW, PG, PLL, PTR, RAIL, SU
7. Standard overbought: $NYA50R weekly chart, $PLAT, $SOX, AAPL, EEFT, GLW, GOOG, IBM, LPL, MFE, PAYX, PBY, QCOM, QQQQ
8. Extremely overbought: SHI
9. Possible top here for: SHI
10. Toppy here: CSCO, PGM, QCOM, WATG
11. Going parabolic: GLW
12. A break out in either direction is on the way for: GTU
13. Anything posted here may be off base.

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

1. Yi: +2
2. Extremely oversold: QID
3. Attempting to break above the 28 day moving average: FRO and SUN
4. Attempting to break above the 65 DMA: $XOI, ACAS, AXP, BBT, C, DVY, GE, TIE, X
5. Moderately overbought: AXB, BNI, CLF, ERIC, EWJ, IWM, IYY, NEOH, NOK, NST, PEP, QQQQ, RBS, SWK, T, TAN, TKR, WHR, WOR, WSO, WY
6. Standard overbought: CREE, CSCO, CSIQ, EXP, FXI, IFN, SHLD, TLB, TPX, TSM, UGP, USD, VFC, WATG, WDC
7. Extremely overbought: NTES
8. Toppy here: CREE, CSIQ, EEFT, PHI, SHI
9. A break out in either direction is on the way for: ERIE and WGW
10. Anything posted here may be off base.

Late morning update for April 2, 2009.

1. Yi: +1
2. Possible bottom here for: FRO
3. Trying to bottom out in this area: ARM, ENER, GM, LEN, SUN
4. Moderately oversold: BA, CHK, IDA, LEN
5. Attempting to hold the 28 day moving average: $WTIC, ARM, DELL, NM, PG
6. Attempting to hold the 65 DMA: CHK, IRF, MOT
7. Attempting to break above the 65 day moving average: GE, GPC, NST, NWL, SKS, USB, UYG, WFC
8. Moderately overbought: BMY, PEG, RGLD
9. Standard overbought: NEM, PHI, SHI
10. Going parabolic: NTES
11. Anything posted here may be off base.

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

1. Yi: +0.5
2. Trying to bottom out in this area: URE
3. Standard oversold: ENER and SUN
4. Moderately oversold: $BDI, $WTIC, $XOI, ACH, BAC, CSL, EWJ, FRO, IDA, KFT, ROK, SHI, SPWRA, TIE, TOT, UGP, USB, WSO, X, XLU
5. Trying to hold the 28 day moving average: B, BBT, BPOP, BPZ, C, CAT, FCX, GTU, HCBK, NM, UGA, WY
6. Trying to hold the 65 day moving average: $CRB, $HGX, DELL, FSLR, MBI, NAT, PBW, PTR, SLV, T
7. Moderately overbought: $USD
8. Anything posted here may be off base.

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

1. Yi: 0
2. Moderately oversold: $XEU, CBK, ERIC, HMY, PTEN, SLV, XOP
3. Attempting to hold the 28 day moving average: CPSL, GF, GM, IBM, MCD, ROK, UYG, WFC
4. Attempting to hold the 65 day moving average: $GOLD, COGO, GFI, GLD, GTU, KGC
5. Anything posted here may be off base.

T.A. update for the open, March 30, 2009.

1. Yi: +1.5
2. Trying to bottom out in this area: MKC
3. Moderately oversold now: $VIX and CSL
4. Attempting to hold the 28 day moving average here: BPOP
5. Attempting to hold the 65 DMA: ERIC
6. Now trying to break above the 65 DMA: BNI, CTB, ERIE, IWM, LMT, MEOH, MMC, TAN, TKR, WHR
7. Moderately overbought in this area: $DJX, AKNS, BNI, CPSL, CSCO, CSIQ, FSLR, IWM, JASO, KO, LDK, MTH, PAYX, PBW, PHI, SWK, TAN, TKR, TPX, WATG, WHR
8. Standard overbought: AMAT, EEFT, FXI, LOW, LPL, MFE, PNRA, RAIL, SHLD, USD, WFR
9. Toppy here: $PLAT, CAKE, CLF, GLW, LOW, PTR, SSRI, TSM, WY
10. A break out in either direction is on the way for: JOSB and SUN
11. Anything posted here could be off base.

T.A. update for the open, March 27, 2009.

1. Yi: +2
2. Attempting to break above the 65 DMA here: ABX, AXP, BAC, BMY, BPZ, EWI, LDK, MDC, NOK, UYG
3. Moderately overbought in this area: ELN, IFN, LOW, RGLD, SYY, XOP
4. Standard overbought now: CNK, NEM, TSL
5. Toppy here: AEM, ASA, CHK, EGO, NTES, PGM
6. A break out in either direction is on the way for: NM and URE
7. Anything posted here may be off base.

Afternoon update for March 26, 2009.

1. Yi: +1
2. Moderately oversold: MKC and SEED
3. Attempting to hold the 28 DMA here: NWL
4. Attempting to hold the 65 DMA: HMY and PTEN
5. Attempting to break above the 65 DMA: ACAS, AVP, AXB, BA, BBT, BNI, DVY, GE, GF, GPC, USB
6. Moderately overbought in this area: $HGX, ACAS, ACF, EWJ, IYY, SSRI, WFR, WOR, WY, X
7. Standard overbought: GLW and STX
8. Extremely overbought: NTES
9. Possible top in this area for: BGF and CHK
10. Toppy here: AAPL, AEM, EGO, EWA, GDX, IBM, KGC, KO, WDC
11. Anything posted here may be off base.

T.A. update for the open, March 25, 2009.

1. Yi: +0.5
2. Moderately oversold: SU
3. Attempting to break above the 28 DMA: LDK
4. Attempting to break above the 65 DMA here: $XOI, AA, ACF, AVP, B, BAC, EWI, FSLR, HCBK, IFN, IYY, JASO, KBE, PBW, RAIL, ROK, SWK
5. Moderately overbought now: $OEX, $XOI, AA, AVP, AXP, B, BA, CAT, CLF, DDM, DELL, FXI, GOOG, GPC, LEN, LPL, MFE, NAT, PEP, PTR, SHI, SHLD, TSM
6. Standard overbought: $IIX, $SOX, AAPL, ACH, CHK, CSL, EWA, F, IBM, KO, WDC
7. Toppy here: $CRB, $WTIC, $XAU, DELL, NEM
8. A break out in either direction is on the way for: COGO
9. Anything posted here may be off base.

T.A. update for the open, March 24, 2009.

1. Yi: +1
2. Now trying to bottom out in this area: $USD and SKS
3. Attempting to hold the 65 DMA here: ERIC
4. Attempting to break above the 28 DMA: SWK
5. Attempting to break above the 65 DMA: $DJX, $OEX, $SPX, AA, ARM, BPOP, DDM, EWJ, IWM, LOW, MEOH, NWL, PAYX, RBS, USB, WFC
6. Moderately overbought now: GM
7. Standard overbought: PGM
8. Toppy here: $XAU, CEF, EEFT, GG, GTU, RGLD, SLW
9. Anything posted here may be off base.

T.A. update for the open, March 23, 2009.

1. Yi: -1
2. Trying to bottom out in this general area: GIS
3. Moderately oversold now: $USD, KFT, OCR
4. Attempting to hold the 28 day moving average here: GE
5. Attempting to hold the 65 day moving average: MBI
6. Attempting to break above the 28 day moving average: ACAS, FRO, NST
7. Attempting to break above the 65 day moving average: CPSL, CSIQ, DELL, PEP
8. Moderately overbought now: $CRB, $GOLD, $PLAT, AEM, ASA, BPZ, CEF, EWI, GDX, GLD, GTU, HMY, IBM, KGC, LMT, NEM, NST, PGM, TPX, WGW
9. Standard overbought now: $WTIC, $XAU, GG
10. Toppy here: FCX and GLW
11. Anything posted here may be off base.

T.A. update for the open, March 20, 2009.

1. Yi: 0
2. Possible bottom here for: AVAV and QID
3. Trying to bottom out in this general area: ENER
4. Attempting to break above the 28 DMA here: NM, SSRI, TAN
5. Attempting to break above the 38 DMA here: AXP
6. Attempting to break above the 65 DMA here: $DJW, $OEX, ABX, AXB, B, BBT, C, ERIE, GE, IWM, KBE, MOT, NAT, NOK, OGE, PEG, SDTH, SSRI, TKR, WSO, WY, XOP
7. Moderately overbought now: $DJW, $HGX, $IIX, $XEU, $XOI, ABX, ARM, BPOP, CBK, CNK, DDM, DELL, DVY, EWJ, GPC, IDA, IRF, JOSB, KBE, KO, LUFK, MEOH, MMC, NAT, NEM, OGE, PEG, PTEN, RAIL, RBS, RGLD, SLV, TIE, TOT, TSL, WHR, WSO, XLU
8. Standard overbought: CAKE, CREE, ERIC, EXP, FCX, PGM, PNRA, SLW, USD, VFC, WGW
9. Possible top here for: EEFT
10. Toppy here: $SOX, AAPL, AMAT, BGF, CHK, CREE, ERIC, EXP, SU, UGP, VFC, WDC
11. Anything posted here may be off base.

T.A. update for the open, March 19, 2009.

1. Yi: +0.5
2. Possible bottom here for: PLL
3. Now trying to bottom out: AVAV and CLF
4. Extremely oversold now: ENER and SPWRA
5. Moderately oversold: FSLR and PHI
6. Trying to hold the 65 DMA here: WY
7. Now attempting to break above the 28 DMA: ABX. DELL, EWI, GOOG, NST
8. Attempting to break above the 65 DMA: $SPX, BAC, C, HCBK, IYY, KBE, KGC, KO, MMC, PTR, SYY, TSL, XLF
9. Moderately overbought now: $DJX, $HGX, $OEX, CHK, CSCO, EWA, F, LOW, QQQQ, SEED, STX, TPX, UGA, XOP
10. Standard overbought: AAPL, GLW, QCOM
11. Anything posted here may be off base.

T.A. update for the open, March 18, 2009.

1. Yi: 0
2. Trying to bottom out in this area: AVAV, PHI, X
3. Standard oversold: QID and SPWRA
4. Trying to hold the 65 DMA here: SLV
5. Trying to break above the 28 DMA here: ARM, MCD, NAT, SKS
6. Trying to break above the 65 DMA here: PTEN, PTR, QQQQ, SHI, WY
7. Moderately overbought: GIS, KFT, LMT, LOW, LPL, MKC, NST, PAYX, ROK, SYY, XLF, XOP
8. Standard overbought: NTES and PBY
9. Toppy here: QCOM
10. Abreak out in either direction is on the way for: SLW
11. Anything posted here may be off base.

Update based on the March 16th closing prices.

1. Yi: -1
2. Trying to hold the 65 day moving average: PTR
3. Now trying to break above the 28 DMA: AA, AVP, AXB, AXP, C, DVY, ERIE, GE, GF, MMC, NWL, OGE, PG, RBS, SHI
4. The following stocks are trying to break above the 65 DMA: BMY, CBK, GM, IRF, NEM, T
5. Moderately overbought: ACH, AMAT, B, BGF, BMY, EEFT, EXP, FSLR, FXI, GE, MSCC, PEP, SWK, T, TKR, WY
6. Toppy: FCX, GA, GFI, NTES
7. Anything posted here may be off base.

Another good interview from the Bill Moyers Jounal with Simon Johnson from February 13, 2009.

Please click on the link above.

T.A. update for the open, March 16, 2009.

1. Yi: -1
2. Trying to bottom out in this area: PEG
3. Standard oversold: PLL
4. Moderately oversold: $VIX and QID
5. Now attempting to break above the 28 day moving average: $CRB, $DJW, $DJX, $GOLD, $HGX, $OEX, $SPX, $XAU, $XOI, ACAS, AEM, BPZ, CSIQ, DDM, GG, GLD, HCBK, IBM, IWM, IYY, KO, LOW, LUFK, NM, PBW, QQQQ, WGW, WY
6. Now attempting to break above the 65 day moving average: $CRB, ACF, CSCO, DELL, EWA, F, FSLR, FXI, GOOG, LUFK, MBI, SEED, STX, WATG
7. Moderately overbought now: $IIX, $SOX, $WTIC, $XEU, AAPL, BA, BAC, BBT, CAKE, CREE, CSL, LEN, MFE, MSCC, MTH, NOK, PBY, PNRA, QCOM, TSM, USB, USD, VFC, WDC, WFC
8. Standard overbought: FCX, GFI, SU
9. Toppy here: GLW
10. Anything posted here may be off base.

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

1. Yi: -1.5
2. Possible bottom here for: IDA, NST, PG, SKS, SSRI
3. Trying to hold the 28 DMA here: $USD
4. Trying to break above the 28 DMA: AXP, FSLR, GM, MKC, PTR, ROK, URE, UYG, WFC, WHR, XLF
5. Trying to break above the 65 DMA: CHK, JOSB, SHLD, VFC
6. Moderately overbought now: ERIC, EXP, GA, PHI
7. Toppy here: UGP
8. Anything posted here may be off base.

T.A. update for the open, March 12, 2009.

1. Yi: -3
2. Possible bottom here for: PEP
3. Trying to bottom out in this area: PLG and RGLD
4. Extremely oversold now: AVAV and SKS
5. Standard oversold: ABX
6. Moderately oversold: KGC, NEM, SLV, WGW
7. Now trying to hold the 65 day moving average: $GOLD, EGO, GLD, HMY, UGA
8. Trying to break above the 28 day moving average: $BDI weekly chart, $IIX, B, BGF, BMY, CAT, CBK, CHK, CNK, CPSL, DELL, EWA, FSLR, GE, KBE, MBI, MEOH, MOT, NOK, PBY, T, TKR, TOT, USB
9. Now trying to break above the 65 day moving average: ACH, AMAT, EEFT, FXI, MSCC, TSL, USD
10. Moderately overbought now: $BDI weekly, GLW, TLB, UGP
11. Anything posted here may be off base.

T.A. update for the open, March 11, 2009.

1. Yi: -3
2. Probable bottom here for: AKNS, AVP, AXB, BPZ
3. Possible bottom here for: CLF, EWI, GF, LDK, MOT, NWL, PBW, PEG, PLL, SYY, TAN, TIE, WSO, XLU, XOP
4. Trying to bottom out in this area: GIS, NST, PG, SDTH
5. Standard oversold: NST and SSRI
6. Moderately oversold: PLG
7. Trying to hold the 28 DMA here: $PLAT, GTU, PGM
8. Trying to break above the 28 DMA: ACF, BAC, BBT, JASO, PTEN
9. Trying to break above the 65 DMA: PNRA
10. Anything posted here may be off base.

T.A. update for the open, March 10, 2009.

1. Yi: -5
2. Probable bottom here for: $HGX and $SPX
3. Possible bottom here for: ACF, B, BAC, BBT, CAKE, JOSB, KBE, SUN, URE, UYG, WOR, WSO, WY
4. Trying to bottom out in this area: $XOI, AXB, AXP, CAKE, ELN, GM, IYY, JASO, KFT, LOW, SPWRA, STX, XOP
5. Extremely oversold now: AA, ELN, NOK, PEG, QQQQ
6. Standard oversold: RBS
7. Moderately oversold: AAPL, AMAT, CSL, IBM
8. Trying to hold the 65 day moving average: SLW
9. Trying to break above the 28 day moving average: FXF, LPL, PBY
10. Moderately overbought now: $WTIC, FCX, GFI, SU
11. Standard overbought: QID
12. Anything posted here may be off base.

T.A. update for the open, March 9, 2009.

1. Yi: -4.5
2. Possible bottom here for: KFT
3. Trying to bottom out in this area: AVP, BBT, CAKE, CNK, DELL, ENER, GE, GIS, GOOG, IYM, KO, SKS
4. Extremely oversold: ACF, AXB, BBT, CTB, DDM, GPC, HCBK, IDA, IWM, KBE, LOW, USB, WFC, XLF, XLU
5. Standard oversold: NYA50R weekly chart, CAKE, ERIE
6. Moderately oversold: EEFT, EXP, GOOG, VFC, WSO
7. Trying to break above the 28 DMA here: $XAU, AEM, GDX, NEM, SLW
8. Trying to break above the 65 DMA: KGC and PLG
9. Standard overbought: GTU
10. Anything posted here may be off base.

T.A. update for the open, March 6, 2009.

1. Yi: -5
2. Probable bottom in this area for: GE
3. Trying to bottom out in this area: ABX, BA, BGF, FXE, PNRA
4. Extremely oversold now: GIS
5. Moderately oversold: LEN
6. Trying to hold the 65 day moving average: IBM
7. Trying to break above the 65 DMA: $CRB, COGO, CPSL, MFE, QCOM
8. A break out in either direction is on the way for: AAPL
9. Anything posted here may be off base.

Late afternoon update, March 5, 2009.

1. Wow, this market stinks to the high heavens! We must be getting close to some type of significant bottom, because I am seriously thinking of quitting this business for good. On the other hand, if we do not have a sustained rally real soon, not just another "one day wonder", we could be heading for a crash, as the "parabolic curve" to the downside just gets steeper and steeper.
2. Possible bottom in this area for: DDM, ENER, EWJ, FRO, GE
3. Trying to bottom out now: DVY, ERIE, IRF, JOSB, LEN, OCR, WOR
4. Extremely oversold now: DVY
5. Standard oversold: JOSB
6. Trying to hold the 28 DMA here: MSCC
7. Trying to break above the 28 DMA: GLW and WDC
8. Moderately overbought now: GA, NTES, TSM
9. A break out in either direction is on the way for: WFR
10. Anything posted here may be off base.

T.A. update for the open, March 5, 2009.

1. Yi: -4
2. Possible bottom here for: $DJX, $OEX, $SPX, AA, AVP, AXP, BA, BNI, CSIQ, CSL
3. Trying to bottom out in this area: $HGX, $XEU, B, BPZ, CBK
4. Extremely oversold: $HGX
5. Moderately oversold now: $GOLD and CAKE
6. Possible top here for: $USD
7. More later if the time is available. Anything posted here may be off base.

Wall Street Meltdown - Redux

Very cool, but painful! Ouch!!!

Late morning update for March 4, 2009.

1. Possible bottom here for: NM, NOK, OCR, PAYX, PLL, QQQQ, SEED, SPWRA, TAN, TKR, WOR, X
2. Trying to bottom out in this general area: MOT, MTH, OGE, PBW, PBY, PG, PTEN, SSRI, SUN, SWK, SYY, TIE, TPX, USD, UYG, VFC, WY, XLF, XLU
3. Extremely oversold at this level: MOT, PG, ROK, TPX, WHR, XLU
4. Standard oversold now: MTH, OGE, PEG
5. Trying to hold the 65 day moving average: NEM
6. Anything posted here may be off base.

T.A. update for the open, March 4, 2009.

1. Yi: -5
2. Possible bottom at this level for: MFE and MMC
3. Trying to bottom out in this area: ACF, ACH, AVAV, BAC, BBT, CAT, CLF, EWA, GF, GIS, HCBK, KBE, LDK, LMT
4. Extremely oversold now: $DJX, $OEX, $SPX, AVP, AXP, BA, BNI, BPZ, C, ENER, EWI, EWJ, FRO, GE, GPC, IFN, KFT, LDK, LMT, LUFK
5. Standard oversold: $NYA50R, $XOI, ABX, BMY, CBK, CHK, ELN, FXI, IYY, MEOH
6. Moderately oversold now: $IIX, $SOX, $XAU, AAPL, ASA, ERIC, FXF, GG, GLD, IRF, KGC
7. Trying to hold the 28 day moving average: $PLAT, F, FCX
8. Trying to hold the 65 day moving average: CREE, EGO, GFI, GLW, HMY
9. Trying to break above the 28 day moving average: DELL
10. Standard overbought here: $USD
11. More later if time permits. Anything posted here may be off base.

Late morning update for March 3, 2009.

1. Trying to bottom out in this area: JASO, LMT, MCD, MFE, MMC, MTH, NAT, NOK, PEP
2. Extremely oversold here: LMT, MOT, NM. NOK, OGE, PAYX, PBW, PG, SEED, SPWRA, SWK, TAN, TIE, TSL, URE, WOR, WY, X
3. Standard oversold: KO, LUFK, NAT, NST, OCR, PEP, PTR, QQQQ, SHI, SSRI, SUN, TKR, TOT, TPX, WATG
4. Moderately oversold now: LEN, LPL, QCOM, SLV, T, VFC
5. Attempting to hold the 28 day moving average here: GLD, MSCC, PGM, UGA
6. Attempting to hold the 65 day moving average: GDX, GOOG, NEM, SLW, TLB, WGW
7. Attempting to break above the 28 day moving average: IBM
8. A break out in either direction is on the way for: SHLD
9. Anything posted here may be off base.

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

1. Yi: -5
2. Now trying to bottom out in this area: FSLR
3. Standard oversold at this point: AVAV
4. Attempting to hold the 28 DMA here: CEF
5. Attempting to break above the 28 DMA: F
6. More later. Anything posted here may be off base.

Late morning update for March 2, 2009.

1. Trying to bottom out in this general area: MCD and PEG
2. Extremely oversold: MBI, MMC, ROK
3. Standard oversold: MFE and PLG
4. Moderately oversold: MTH, OCR, PEG, PEP, PHI, PNRA
5. Attempting to hold the 65 DMA here: WDC
6. Attempting to break above the 28 DMA here: MKC
7. Moderately overbought now: NTES and QID
8. A break out in either direction is on the way for: PBY
9. Anything posted here may be off base.

T.A. update for the open, March 2, 2009.

1. Yi: -5
2. Trying to bottom out in this area: CTB
3. Extremely oversold now: CAT, CLF, FRO, JASO
4. Standard oversold: CBK, GIS, JOSB
5. Moderately oversold now: CSL and KO
6. Trying to hold the 28 DMA at this level: $GOLD and HMY
7. Trying to hold the 65 DMA: $IIX, $WTIC, AEM
8. Trying to break above the 28 DMA here: $CRB, BPOP, CREE
9. More later. Anything posted here may be off base.

T.A. update for the open, February 27, 2009.

1. Yi: -4.5
2. Trying to bottom out in this area: ABX and AVP
3. Standard oversold now: FSLR and SYY
4. Moderately oversold now: $VIX, $XAU, CNK, KGC, SHI, UGA
5. Trying to hold the 28 DMA here: $VXO, GLD, SSRI
6. Trying to hold the 65 DMA: $XAU, ASA, CNK
7. Trying to break above the 28 DMA: $SOX, CAKE, CHK, EXP, GLW
8. Trying to break above the 65 DMA: $SOX, AEM, CAKE, CHK, EXP, SU, WFR
9. Moderately overbought now: $USD and FCX
10. A break out in either direction is on the way for: STX
11. Anything posted here may be off base.

Late afternoon update, Feb. 26, 2009.

1. Trying to bottom out in this area: MFE, PLG, TIE
2. Standard oversold now: LMT
3. Moderately oversold: KGC and RGLD
4. Attempting to hold the 28 day moving average here: SLV
5. Attempting to break above the 28 DMA: KBE, MEOH, SKS, T, USB, WFC, WSO, WY, XLF
6. Attempting to break above the 65 DMA: MKC, STX, USD
7. Anything posted here may be off base.

T.A. update for the open, February 26, 2009.

1. Yi: -4
2. Possible bottom here for: $DJW
3. Trying to bottom out in this area: BGF, ELN, EWI, EWJ, GE
4. Moderately oversold now: $NYA50R weekly chart, ABX, AVAV
5. Attempting to hold the 28 DMA here: ACH, ASA, EGO, GG
6. Attempting to hold the 65 DMA here: $XAU and F
7. Attempting to break above the 28 DMA here: BAC and BBT
8. Attempting to break above the 65 DMA here: AMAT
9. Anything posted here may be off base.

Noon update for Feb. 25, 2009.

1. Possible bottom in this area for: CPSL, CSIQ, CTB, EWI, EWJ, FRO, GE, GF
2. Trying to bottom out here: CSCO, DDM, DVY, ERIE, GIS, GPC, IWM, IYY, KFT, LUFK, MMC, OGE, PAYX, PG, PLL, PTEN, QQQQ, ROK, SU, TTKR, USD, UYG, WSO, XLU, XOP
3. Standard oversold at this point: MBI, OGE, PLG, PLL
4. Moderately oversold: COGO, CREE, SWK, TPX, TSL
5. Attempting to hold the 28 day moving average: CNK, GDX, GFI, NEM, PGM, SLW, STX, WGW
6. Attempting to hold the 65 day moving average: CSL, ERIC, GG, RGLD, SSRI
7. Attempting to break above the 28 day moving average: GM, LEN, MSCC
8. Attempting to break above the 65 day moving average: EEFT and F
9. A break out in either direction is on the way for: PHI
10. Anything posted here may be off base.

T.A. update for the open, February 25, 2009.

1. Yi: -3.5 (So once again, the -5 Yi area proved to be an area of support for the stock market.)
2. Probable bottom here for: ACAS, AKNS, BPOP
3. Possible bottom in this area for: $CRB, $OEX, $XOI, AA, AVP, AXB, AXP, BMY, CAT
4. Trying to bottom here: AAPL, ACF, ARM, BA, BNI
5. Extremely oversold now: $DJX and B
6. Moderately oversold: ACH, CHK, CLF
7. Attempting to hold the 65 day moving average: AVAV
8. Standard overbought at this level: The $GOLD weekly chart.
9. More later if the time is available. Anything posted here may be off base.

Early afternoon update for Feb. 24, 2009.

1. Trying to bottom out in this area: EXP, FRO, GF, GLW, IFN, LOW, MTH, NM, PBW, PLL, SUN, WHR, WY
2. Extremely oversold here: EWI, LDK, TAN, TKR, USD, WOR, X
3. Standard oversold at this point: GF, KFT, LUFK, MCD, MMC, PBW, SEED, SWK, TIE, TSL, XLU
4. Moderately oversold now: IBM, MFE, MKC, MSCC, NAT, NST, PLL, QCOM, QQQQ, SPWRA, STX, SYY, TOT
5. Trying to hold the 28 day moving average here: FCX, NTES, VFC, WATG
6. Trying to hold the 65 day moving average: IBM, KGC, SHI, UGP, WDC
7. Trying to break above the 65 DMA here: F and PNRA
8. Trying to break above the 65 DMA: QID and SDTH
9. Anything posted here may be off base.

T.A. update for the open, February 24, 2009.

1. Yi: -5
2. Trying to bottom out in this area: $HGX, BAC, C
3. Standard oversold: $HGX and ELN
4. Now trying to hold the 28 DMA: $USD
5. Trying to hold the 65 DMA: CBK
6. More later. Anything posted here may be off base.

T.A. update for the open, February 23, 2009.

1. Yi: -4.5 (The market is becoming oversold again in this area.)
2. Possible bottom here for: BBT
3. Trying to bottom out in this general area: $DJX, $OEX, $SPX, AMAT, AXB, BGF, BMY, CAT, CSIQ, DELL, FSLR, IRF, JASO, KBE, LDK, T, X, XLF
4. Extremely oversold now: AA, ACAS, AKNS, AXP, C, GM, GPC, TKR, URE, UYG, WHR, WY
5. Standard oversold: $HGX, $XOI, ACF, AVP, BNI, IDA, IWM, IYY, SUN, TAN, USD, WOR, XOP
6. Moderately oversold now: $SOX, AAPL, ACH, CLF, ENER, EWA, EXP, LUFK, MCD, MTH, OGE, WSO
7. Going parabolic: GLD and GTU
8. Attempting to hold the 28 day moving average here: SSRI and WDC
9. Attempting to hold the 65 DMA here: TSM
10. Anything posted here may be off base.

P/E ratio volatility channel for the US stock market.

According to previous bear market lows, we may have further to go on the downside before a real recovery begins.

Very interesting read from Dmitry Orlov about our potential future.

Please click on the link above.

Late afternoon update, Feb. 20, 2009.

1. Trying to bottom out in this area: IDA
2. Extremely oversold now: BAC, CAT, CSIQ, DELL, DVY, FRO, KBE, LDK, LOW, NM, NOK, NWL
3. Standard oversold: AXB, BA, CSCO, DDM, IFN, JASO, LEN, MTH
4. Moderately oversold: BGF, ERIE, EXP, IWM, JOSB
5. Attempting to hold the 28 DMA here: CNK, CREE, GOOG, OCR
6. Attempting to hold the 65 DMA: GLW
7. Attempting to break above the 28 DMA: B
8. A break out in either direction is on the way for: GA
9. Anything posted here may be off base.

T.A. update for the open, February 20, 2009.

1. Yi: -4
2. Probable bottom here for: ARM
3. Trying to bottom out in this area: $CRB, $WTIC, $XEU, $XOI
4. Extremely oversold now: $CRB
5. Attempting to hold the 28 DMA here: ACH
6. Attempting to hold the 65 DMA here: $IIX
7. Possible top here for: $GOLD
8. Toppy at this point: $PLAT, $USD, $XAU
9. More later. Anything posted here may be off base.

Late afternoon update, Feb. 19, 2009.

1. Trying to bottom out in this area: C, CAKE, EEFT, EWI, EWJ, FRO, GIS, IFN, IYY, JASO, PTR, SKS, SU, UGA
2. Extremely oversold: PTEN, USB, WFC
3. Standard oversold: C, FXF, LOW, T, X
4. Moderately oversold: BMY, OGE, PBW, PEG, PNRA, TIE, UGA, WOR, XLU, XOP
5. Attempting to hold the 65 day moving average: CBK, CHK, CLF, IRF, QQQQ, SPWRA, TPX, VFC
6. Trying to break above the 28 day moving average: PBY
7. Trying to break above the 65 day moving average: MBI and PEP
8. Standard overbought: HMY and WGW
9. Toppy here: GDX, GFI, PGM, SLV
10. Anything posted here may be off base.

T.A. update for the open, February 19, 2009.

1. Yi: -3.5
2. Standard oversold: $DJW, $DJX, $OEX, $SPX, $XEU, AMAT, AXP, B
3. Moderately oversold now: $XOI, AVP, BA
4. Attempting to hold the 28 day moving average here: $IIX, ABX, AEM
5. Attempting to hold the 65 DMA: $SOX, AAPL, ACH
6. Attempting to break above the 65 day moving average here: $VIX and the $VXO
7. Standard overbought now: $GOLD, $PLAT, $USD
8. Toppy here: ASA
9. More later if I have the time. Anything posted here may be off base.

Late day update, Feb, 18, 2009.

1. Trying to bottom out in this area: F and FXF
2. Standard oversold now: CSIQ, DVY, EEFT, EWI, EWJ, FRO, GE
3. Moderately oversold: CSCO, EWA, FXI, GF
4. Attempting to hold the 28 day moving average: FCX, GLW, GOOG
5. Attempting to hold the 65 DMA: ENER, EXP, FSLR
6. Standard overbought now: GFI
7. Toppy here: CEF and GG
8. Anything posted here may be off base.

T.A. update for the open, February 17, 2009.

1. Yi: -3.5
2. Extremely oversold now: BBT
3. Attempting to hold the 28 day moving average here: COGO
4. Toppy here: CEF
5. More later. Anything posted here may be off base.

Late morning update for Feb. 17, 2009.

1. Trying to bottom out in this general area: CSIQ and LEN
2. Attempting to hold the 28 day moving average here: IBM
3. Attempting to hold the 65 day moving average: ELN, JOSB, LPL, MKC, MTH, SHI, SSRI
4. Trying to break above the 28 day moving average: NAT, NST, WATG
5. A break out in either direction is on the way for: PNRA and TSL
6. Anything posted here may be off base.

T.A. update for the open, February 17 2009.

1. Yi: -2
2. Possible bottom here for: AKNS
3. Trying to bottom out in this general area: AA, AXP, BA
4. Moderately oversold: AMAT and BNI
5. Moderately overbought now: $USD, $XAU, AVAV
6. Standard overbought: ASA and CEF
7. Toppy here: $BDI and $GOLD
8. A break out in either direction is on the way for: C
9. More later if I have the time. Anything posted here may be off base.

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

1. Yi: -1.5
2. Possible bottom here for: KFT
3. Trying to bottom out in this area: AMAT, CAT, DDM, DELL, DVY, EEFT, EWI, EWJ, GIS, IDA, KBE, LOW, MOT, NOK, NWL, PG, ROK
4. Extremely oversold now: BPZ and SKS
5. Standard oversold: AA
6. Moderately oversold: $HGX, $OEX, $SPX, AXP, B, FRO, GPC, IWM, LEN, LMT, MCD, RGLD, SDTH, SHLD
7. Now trying to hold the 28 day moving average: $IIX, $XOI, ERIC, NM, PAYX, QQQQ, SHI
8. Now trying to hold the 65 day moving average: BMY, NTES, PLL, QCOM, SPWRA
9. Trying to break above the 28 DMA: ACF
10. Trying to break above the 65 DMA: $WTIC
11. Moderately overbought now: $BDI, $PLAT, NEM
12. Standard overbought now: $GOLD, GLD, GTU, PGM, SLV
13. Anything posted here may be off base.

Munger on Pain

"Sensible reform cannot avoid causing significant pain..."

Click on the title link above for more.

T.A. update for the open, February 12, 2009.

1. Yi: -1.5
2. Trying to bottom out in this area: BPOP and KFT
3. Standard oversold now: BBT, EWJ, PG
4. Moderately oversold: $DJX, BA, EEFT, IDA, LOW
5. Now trying to hold the 28 day moving average: $SOX, AVAV, CLF, ELN, LPL, LUFK, MKC, PLG, SSRI
6. Now trying to hold the 65 day moving average: $XOI, VFC, XLU
7. Now trying to break above the 65 day moving average: MMC
8. Moderately overbought here: UGA
9. A break out in either direction is on the way for: $DJW and PNRA
10. Anything posted here may be off base.

Dr. Doom & The Black Swan

This is a good one to listen to. Click on the link above.

T.A. update for the open, February 11, 2009.

1. Yi: -2
2. Standard oversold: KFT and TKR
3. Moderately oversold: GIS, KO, MCD, PEP, PG, SUN, T
4. Trying to hold the 28 DMA here: LPL, MKC, NEM, OCR, PAYX, PEG, SHI, SLW, TPX, TSL, WGW
5. Trying to hold the 65 DMA here: $USD, FXI, PHI, RGLD
6. Trying to break above the 28 DMA: JASO and WATG
7. Trying to break above the 65 DMA: JASO
8. Moderately overbought: ELN and ENER
9. A break out in either direction is on the way for: BGF
10. Anything posted here may be off base.

T.A. update for the open, February 10, 2009.

1. Yi: 0 (So once again, the Yi zero area acted as a point of resistance or support for the market.)
2. Possible bottom here for: LDK
3. Standard oversold now: QLD
4. Trying to break above the 28 day moving average: $DJW, $DJX, $OEX, AXP, CSIQ, CTB, DDM, EWI, GF, IWM, IYY, KBE, MCD, MSCC, NST, PTEN, T, TAN, WY, XLF
5. Now trying to hold the 65 day moving average: $DJW, LMT
6. Now trying to break above the 65 day moving average: $SPX, AVP, CSIQ, EWA, IWM, LUFK, MBI, PBW, PBY, PTEN, TAN, TLB, TSL, WFR, WOR, WSO
7. Moderately overbought here: $HGX, $SOX, $XOI, AVAV, BMY, CLF, CNK, CREE, CSL, ERIC, GLW, IBM, IFN, LEN, NTES, OGE, PAYX, PGM, PLL, PTR, QQQQ, SHI, SWK, TIE, TOT, TSM, UGP, USD, XOP
8. Standard overbought: GOOG
9. Toppy here: $IIX, COGO, CREE, EXP, FCX, GLW, MTH, PHI, SLV, V, WDC
10. A break out in either direction is on the way for: ERIE
11. Anything posted here may be off base.

T.A. update for the open, February 9, 2009.

1. Yi: 0
2. Possible bottom here for: BBT, BPOP, DVY, GE, MOT, NWL, PG, SKS, URE
3. Trying to bottom out in this general area: $XEU, C, KFT
4. Standard oversold now: AKNS and BPZ
5. Moderately oversold: FXE
6. Now trying to hold the 65 day moving average: BGF and SUN
7. Now trying to break above the 28 day moving average: AXB, CBK, ENER, EWA, NOK
8. Now trying to break above the 65 day moving average: $SPX, BNI, CTB, IYY, SDTH, SEED
9. Moderately overbought now: $IIX, $XAU, ABX, ACH, ASA, CHK, EXP, FCX, FSLR, FXI, GDX, GG, PHI, V
10. Standard overbought here: COGO and MTH
11. A break out in either direction is on the way for: F, FRO, MCD, PNRA
12. Anything posted here may be off base.

T.A. update for the open, February 6, 2009.

1. Yi: -1.5
2. Possible bottom here for: $CRB, KBE, PTEN
3. Now trying to bottom out in this area: BAC, BPOP, GM, MEOH, PG, USB, UYG, XLF
4. Extremely oversold now: BAC
5. Standard oversold: MOT
6. Moderately oversold: KFT and MFE
7. Now attempting to break above the 28 day moving average: ACH, SPWRA, WOR
8. Now attempting to break above the 65 day moving average: $HGX, BA, CSCO, NTES, STX, SU, WFR
9. Moderately overbought in this area: $GOLD Weekly, CEF, EGO, ERIC, GTU, LPL, NM, PLG, SHI
10. Standard overbought now: WDC
11. A possible top in this area for: COGO
12. A break out in either direction is on the way for: EEFT and TSL
13. Anything posted here may be off base.

T.A. update for the open, February 5, 2009.

1. Yi: -2.5
2. Trying to bottom out in this area: $WTIC, ACAS, BBT, CPSL, EXP, GE
3. Now trying to hold the 28 day moving average: PEG and RGLD
4. Now attempting to hold the 65 DMA: IDA
5. Now trying to break above the 28 DMA: $HGX, BNI, CBK, CLF, FXI, LEN, LUFK, NST, SDTH, SHI, STX, WY
6. Now attempting to break above the 65 DMA: AMAT, AVP, CHK, GA, GF, PAYX, PBW, TIE, TOT, USD
7. Moderately overbought now: AAPL, ELN, GLW, MTH, PHI
8. Standard overbought: MKC
9. A break out in either direction is on the way for: BPZ
10. Anything posted here may be off base.

T.A. update for the open, February 4, 2009.

1. Yi: -2
2. Trying to bottom out in this area: $CRB, $DJW, $DJX, $SPX, AA, ACF, AMAT, AXB, B, CAT, CLF, CSL, DDM, DELL, EWA, EWI, EWJ, GF, GPC, IYY, LDK, LOW, NOK, PBY, PEP, PG, PTEN, PTR, SDTH, SHLD, SU, TAN, WFR, WHR, WSO, WY
3. Extremely oversold: GM
4. Moderately oversold: $WTIC
5. Now trying to hold the 28 DMA: $XAU, $XOI, ABX, NEM, PGM
6. Now trying to hold the 65 DMA: AAPL and JOSB
7. Toppy here: COGO
8. Anything posted here may be off base.

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

1. Yi: -3
2. Trying to bottom out in this area: $XEU, AKNS, CBK, CPSL, CSCO, CTB, DVY, KBE, MMC, NWL, PBW, PTEN, SKS, URE, UYG, XLF
3. Extremely oversold now: ACAS, ARM, BPOP, NWL, PTEN
4. Standard oversold: AA, ACF, CAT, DELL, GM, GPC, LOW, PG, ROK, WY
5. Moderately oversold: $DJX, $HGX, $OEX, $SPX, AMAT, AXB, B, BBT, CSL, DDM, ERIE, EWA, EWI, EWJ, EXP, FROFXF, GF, IWM, IYY, PEP, PTR, SHLD, SU, SWK, TAN, TIE, USD, WFR, WOR, WSO, X
6. Trying to hold the 28 DMA here: $IIX, AEM, ERIC, GIS, GLW, OCR, PEG, SLW, SUN, UGA
7. Trying to hold the 65 DMA: $SOX, CAKE, FCX, LMT, MFE, MOT, PLL, PNRA, TPX, TSM, UGP
8. Trying to break above the 28 DMA: $VXO, NST, NTES, PAYX, PHI, V
9. Toppy here: $USD
10. Anything posted here may be off base.

T.A. update for the open, February 2, 2009.

1. Yi: -3
2. Extremely oversold now: CAT and MEOH (meow!) lol
3. Standard oversold: ACAS and WHR
4. Moderately oversold: $XEU, T, TKR
5. Now trying to hold the 28 DMA: AVAV, KFT, MOT
6. Now trying to hold the 65 DMA: BMY, BPZ, CNK, QCOM, SHI
7. Now trying to break above the 28 DMA: SEED and STX
8. Now trying to break above the 65 DMA: NTES
9. Moderately overbought here: $USD, GTU, PGM, RGLD, UGA
10. Standard overbought: GLD, SLV, WDC, WGW
11. Toppy here: GFI, GOOG, HMY
12. Anything poisted here may be off base.

T.A. update for the open, January 30, 2009.

1. Yi: -2
2. Trying to bottom out in this area: $VIX and WATG
3. Moderately oversold now: QID
4. Trying to hold the 28 DMA here: $XAU, ASA, EGO, NEM
5. Trying to break above the 28 DMA: $DJX, $OEX, BNI, CPSL, MBI, MFE, NWL, PG, SWK, TOT, URE, WOR, WY, X
6. Trying to break above the 65 DMA: $HGX, CHK, CTB, ENER, PAYX, QQQQ, STX, UGA, WSO
7. Moderately overbought now: $IIX, FCX, GLW, LPL, WDC
8. Standard overbought: SUN
9. Toppy here: IBM and OCR
10. Anything posted here may be off base.

T.A. update for the open, January 29, 2009.

1. Yi: -0.5
2. Possible bottom here for: ARM
3. Trying to bottom out in this area: NAT
4. Moderately oversold: $VIX, $VXO, SPWRA
5. Trying to hold the 28 DMA here: AEM
6. Trying to hold the 65 DMA: $USD, AMAT, ENER
7. Trying to break above the 28 DMA: $SPX, AXB, AXP, CBK, EWJ, IWM, IYY, PBW, TLB
8. Trying to break above the 65 DMA here: DELL, FXI, KO, OGE, WFR
9. Moderately overbought now: $SOX, AAPL, CSCO, IFN, MKC, OCR, TSM
10. Standard overbought: COGO
11. Anything posted here may be off base.

T.A. update for the open, January 28, 2009.

1. Yi: -2
2. Trying to bottom out in this area: CAT, MMC, NOK, PG
3. Trying to break above the 28 DMA here: $XOI, BPZ, CAKE, CBK, MFE
4. Trying to break above the 65 DMA: AMAT, GA, IFN, LEN, MTH
5. Moderately overbought now: IDA
6. Toppy here: CREE
7. Anything posted here may be off base.

T.A. update for the open, January 27, 2009.

1. Yi: -2.5
2. Trying to bottom out in this area: AVP, GPC, MSCC
3. Standard oversold: CAT
4. Moderately oversold: B
5. Trying to hold the 65 DMA here: ERIE
6. Trying to break above the 28 DMA here: $SOX, BPZ, CHK, CLF, GTU, LEN, LUFK, MTH, PNRA, QQQQ
7. Trying to break above the 65 DMA: $CRB, $WTIC, T, TOT, USD
8. Moderately overbought now: $XAU, ASA, ERIC, GG, GOOG, IBM, KFT, PEG, SLW, SUN, TPX, VFC, WGW, XLU
9. Standard overbought: $GOLD and $GOLD weekly, ABX, AEM, EGO, HMY
10. Toppy here: GDX, GFI, GLD
11. Anything posted here may be off base.

T.A. update for the open, January 26, 2009.

1. Yi: -3
2. Possible bottom in place here for: $CRB, ACF, MBI, PEP, PHI, PTEN, TLB, WATG, WHR
3. Trying to bottom out in this area: AA, CHK, CLF, ENER, FCX, FXI, GM, IWM, IYY, PBY, PTR, SEED, SKS, WSO, X
4. Extremely oversold now: JASO, LDK, USB
5. Standard oversold: ACH, PBW, SWK, TAN, TSL
6. Moderately oversold: EWJ, FRO, FXF, OGE
7. Trying to hold the 28 DMA here: ANKS and GIS
8. Trying to break above the 28 DMA: AAPL and ERIC
9. Toppy here: AVAV
10. Anything posted here may be off base.

Interesting Dow chart, from ritholtz.com

T.A. update for the open, January 23, 2009.

1. Yi: -3.5
2. Trying to bottom out in this area: ACF, AMAT, ARM, AXB, AXP, CSL, EEFT, IFN, JASO, PTR, TIE, WFR
3. Extremely oversold in this area: BPOP, GM, MMC, MSCC, NOK, SKS, STX, WATG
4. Standard oversold: CBK, PTR, SPWRA
5. Moderately oversold: EEFT, NAT, PHI, SWK, TSL
6. Trying to hold the 28 DMA here: $VIX, BGF, UGA
7. Trying to hold the 65 DMA: FSLR and SHI
8. Trying to break above the 28 DMA: GA, GOOG, MFE, TSM
9. Moderately overbought now: $GOLD, ABX, LMT
10. Standard overbought: SSRI
11. Anything posted here may be off base.

T.A. update for the open, January 22, 2009.

1. Yi: -3
2. Trying to bottom out in this area: $SOX, $SPX, AIG, BAC, BBT, BNI, BPOP, BPZ, C, CSCO, CTB, KBE, LDK, LEN, LUFK, NWL, PHI
3. Extremely oversold now: ARM, AXP, GE, PBY
4. Standard oversold: AAPL, ACF, AXB, CSL, EEFT
5. Moderately oversold now: $HGX, $XEU, ACH, CBK, CHK, CNK, FXI, GF, GM, GPC, IWM, KO, MTH
6. Trying to hold the 28 DMA here: ACAS, CAKE, ELN, JOSB
7. Trying to hold the 65 DMA: IDA
8. Trying to break above the 28 DMA: $XAU , ASA, CEF, GDX, GFI
9. Trying to break above the 65 DMA: MFE
10. Moderately overbought now: $USD, CREE, GLD, RGLD, SLV
11. Anything posted here may be off base.

T.A. update for the open, January 21, 2009.

1. Yi: -4.5
2. Trying to bottom out in this area: DELL
3. Exremely oversold here: MBI and V
4. Standard oversold: AVP, PTEN, TOT, TPX, WHR
5. Moderately oversold now: GPC, PHI, TSM
6. Trying to hold the 28 DMA: CREE, PGM, SHLD
7. Trying to hold the 65 DMA here: BGF, ELN, FXF, IRF, NAT
8. Trying to break above the 28 DMA: GG, HMY, NST
9. Trying to break above the 65 DMA: $VIX
10. Moderately overbought now: ABX, AEM, AVAV, KGC, NEM
11. Anything posted here may be off base.

T.A. update for the open, January 20, 2009.

1. Yi: -3
2. Trying to bottom out in this area: $CRB, $DJW, $HGX, AAPL, ARM, BNI, DELL, DVY, GE, MBI, MEOH, MMC, MSCC, NTES, T, TLB, WHR
3. Extremely oversold now: KBE, USB, UYG, WFC, XLF
4. Standard oversold: ARM, BPOP, DVY, JASO
5. Moderately oversold: ACF
6. Trying to hold the 28 DMA here: $PLAT, FXF, MKC
7. Trying to hold the 65 DMA: ACH, EEFT, ELN, NAT
8. Anything posted here may be off base.

T.A. update for the open, January 16, 2009.

1. Yi: -3.5
2. Trying to bottom out here: $DJX, $OEX, AVP, CPSL, CSIQ, DDM, EWA, EWI, EWJ, GE, JASO, PG
3. Extremely oversold: ARM, BAC, BBT, C
4. Standard oversold: AA, BNI, GE, MSCC, PAYX, SKS, STX, TIE
5. Moderately oversold now: $DJW, $DJX, $GOLD, $HGX, $SOX, $SPX, BA, CHK, CLF, CSCO, CSL, DELL, IFN, LEN, PTEN, TPX, XOP
6. Trying to hold the 28 DMA here: ACAS, CNK, CREE, ELN, MOT, PLG, SSRI, SU
7. Trying to hold the 65 DMA: $IIX, ASA, CBK, GLD, PLL
8. Anything posted here may be off base.

1/15/09 Late Day Update

1. Trying to bottom out here: CTB, FXI, MSCC, NOK, PAYX, PBY, PTEN, SDTH, STX, TIE, URE, USD, UYG, WY
2. Extremely oversold: NWL
3. Standard oversold: KBE, MEOH, MMC, NTES, PG, T, XLF
4. Moderately oversold: ERIC, GDX, GLD, GOOG, IWM, IYY, JASO, JNJ, KO, LDK, LOW, LUFK, MFE, MTH, NAT, OGE, PBW, QQQQ, SPWRA, TAN, TOT, V, WFR, WHR, WSO, X, XLU
5. Trying to hold the 28 DMA: EEFT, FCX, FTO, IBM, IRF, JOSB, PEG, PGM, TSL, WDC, WGW
6. Trying to hold the 65 DMA: EXP, GF, GFI, LPL, MCD, PTR, SHI, TKR
7. Anything posted here may be off base.

T.A. update for the open, January 15, 2009.

1. Yi: -3.5
2. Trying to bottom out in this area: ACAS
3. Moderately oversold now: $XAU, AA, AMAT
4. Trying to hold the 28 DMA here: AEM & BPZ
5. Trying to hold the 65 DMA: $XOI and CAKE
6. Trying to break above the 28 DMA here: $VXO
7. Trying to break above the 65 DMA: $BDI
8. More later. Anything posted here may be off base.

T.A. update for the open, January 14, 2009.

1. Yi: -2
2. Trying to bottom out in this area: ARM, BPOP, C, CSCO, KBE, SKS, WATG
3. Extremely oversold here: BAC
4. Standard oversold: BBT, C, WFC
5. Moderately oversold now: $DJX, $OEX, AAPL, AVP, AXP, CTB, DDM, DVY, EWA, EWI, FXI, GA, GTU, IFN, MEOH
6. Trying to hold the 28 DMA here: $CRB, $GOLD, $HGX, $IIX, $SPX, $XAU, $XOI, AMAT, BA, BGF, CAKE, CBK, CPSL, EGO, ENER, FRO, FSLR, GDX, GF, GLW, GOOG, HMY, JASO, LDK, LUFK, SLW, SYY, WGW
7. Trying to hold the 65 DMA: $XEU, ACF, ACH, AKNS, CAT, CEF, CLF, CREE, ERIC, ERIE, EWJ, FCX, GG, LMT, LOW, NST, PEG, PLL, PNRA, ROK, SLV, SU, SWK, UGP
8. Trying to break above the 28 DMA: $VIX
9. Trying to break above the 65 DMA: $USD & QID
10. Moderately overbought now: KFT
11. More later. Anything posted here may be off base.

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

1. Yi: -2
2. Standard oversold: WATG
3. Moderately oversold: AXB, MCD, MKC
4. Trying to hold the 28 DMA here: $SOX, AA, BMY, CHK, CSIQ, EWA, EWI, EWJ, FXF, KGC, LMT, LPL, OGE, PBW, SEED, STX, WHR
5. Trying to hold the 65 DMA: B, BA, BPZ, GPC, GTU, LEN, V
6. Trying to break above the 28 DMA: GIS and QID
7. Trying to break above the 65 DMA: LDK
8. Anything posted here may be off base.

T.A. update for the open, January 12, 2009.

1. Yi: -0.5
2. Trying to bottom out in this area: BBT and NTES
3. Moderately oversold now: $WTIC, PEP, PG, VFC
4. Trying to hold the 28 DMA here: $CRB, $GOLD, ACH, AMAT, ASA, CSL, IYY, LEN, LUFK, QCOM, QQQQ, ROK, SLV, SPWRA, TAN, XOP
5. Trying to hold the 65 DMA: IBM, PHI, SYY, TPX, WSO
6. Trying to break above the 28 DMA: $SPX
7. Trying to break above the 65 DMA: CSIQ, DELL, ENER, GTU
8. Moderately overbought now: AKNS and KFT
9. Anything posted here may be off base.

T.A. update for the open, January 9, 2009.

1. Yi: +0.5
2. Moderately oversold now: BBT, GIS, USB
3. Now trying to hold the 28 day moving average: $HGX, $OEX, $XAU, ABX, AVP, BMY, CAT, CSIQ, DDM, DVY, GDX, IFN, MFE, NAT, PTR, TSM, VFC
4. Now trying to hold the 65 day moving average: $DJX, $GOLD, $SOX, $SPX, AA, CTB, FRO, GOOG, GPC, LMT, NOK, OGE, PBW, SPWRA, T, TSM, X
5. Standard overbought: OGE
6. Anything posted here may be off base.

T.A. update for the open, January 8, 2009.

1. Yi: +0.5
2. Moderately oversold: NTES and WFC
3. Trying to hold the 28 DMA here: CBK, EWJ, FXI, GFI, GLD, GPC, KGC, LMT, LOW, MEOH, MMC, NEM, NOK, NST, PLL, PNRA, RGLD, ROK, SHI, TIE, UGA, URE, WSO, X
4. Trying to hold the 65 DMA: CBK, IYY, JASO, QCOM, QQQQ, TSM, VFC, WATG
5. Now trying to break above the 65 DMA: ACAS, SHLD, T
6. Now trying to break above the 28 DMA: ARM and GM
7. Moderately overbought now: $DJW, ACAS, BGF, CREE, PGM
8. Possible top here for: $NYA50R
9. Toppy here: EEFT and ERIC
10. Anything posted here may be off base.

T.A. update for the open, January 7, 2009.

1. Yi: +1.5
2. Now trying to hold the 28 DMA: $XEU, BMY, CBK, CEF, GG, WGW
3. Now trying to break above the 28 DMA: $CRB, $USD, BPOP, MBI, MSCC
4. Now trying to break above the 65 DMA: CNK, CPSL, CREE, LDK, SDTH, SEED, STX, WDC, WFR
5. Moderately overbought now: $HGX , $SOX, $WTIC, $XOI, ACF, AMAT, BNI, BPZ, CSL, EWA, EXP, FCX, GLW, IBM, IRF, IWM, IYY, LEN, MTH, TPX, UGP, V
6. Standard overbought: PLG
7. Toppy here: CAKE
8. Anything posted here may be off base.

T.A. update for the open, January 6, 2009.

1. Yi: +2
2. Possible bottom here for: $VIX
3. Trying to bottom out in this area: $VXO
4. Moderately oversold now: QID
5. Trying to break above the 28 DMA here: AXP, DELL, KBE, LUFK, SEED, TSL, WDC
6. Trying to break above the 65 DMA: AKNS, AMAT, CHK, CSCO, DVY, ENER, GE, IBM, PAYX, QQQQ, WHR, WOR
7. Moderately overbought now: $DJX, $IIX, $PLAT, $SPX, AA, ACH, BA, CAT, CLF, EEFT, ERIC, FSLR, FXI, GPC, JASO, LPL, PEG, PHI, PLG, PNRA, PTEN, QCOM, ROK, SHI, TKR, TSM, WATG, WSO, XLU, XOP
8. Toppy here: $NYA50R weekly chart.
9. Anything posted here may be off base.

T.A. update for the open, January 5, 2009.

1. Yi: +2.5
2. Trying to break above the 28 DMA here: BAC. C, EXP, GIS, USB
3. Trying to break above the 65 DMA: AVP, BNI, BPZ, CSL, DDM, EWA, FCX, FRO, GLW, GOOG, KFT, MEOH, MMC, MOT, PBW, SKS, SU, SYY, TAN, USD
4. Moderately overbought now: B, CAKE, CTB, EWJ, IFN, PLL, SWK
5. Anything posted here may be off base.

T.A. update for the open, January 2, 2009.

1. Yi: +1
2. Trying to bottom out in this area: ACAS, ARM, CPSL, DELL, WY
3. Trying to hold the 28 DMA here: TLB
4. Trying to break above the 28 DMA: $WTIC and UGA
5. Trying to break above the 65 DMA: $DJX, $HGX, $IIX, $OEX, $SOX, $SPX, AA, CLF, IYY, JASO, NOK, PG, TPX, WFC
6. Moderately overbought now: $XOI, CBK, EWJ, GF
7. A bit toppy here: EGO and OCR
8. Anything posted here may be off base.