Monday, December 19, 2005

20051219 Tom PM

Nasdaq is correcting, down nearly 30.
GM 21.05 down .84. Watch how it hits 20.60.
GERN 8.63 down .11. Gap is open can go into 7. Confluence 9.49 to 8.12. The trend has not yet changed (macd, 3x3 moving average).
SBUX 30.65 down .54. Watch at 30.33, December 1 swing low, what it does - may bounce there.
AMZN 48.37 down .84. 47.86 is not level to watch. Had big sign of strength on November 18.
TRE 4.79 up .49.
GLW 20.05 down .94. Went up without volume. Can go back to 16.61.
NGEN 2.61 down .11. Next level is 2.41. Needs sign of strength to change downtrend.
SUNW 4.31 down .12.
PD 140.36 down .64. Strong stock.
IFUE 1.86 down .08.

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