Thursday, December 22, 2005

20051222 Tom PM

Expect pullback in market.
Gold may hit 512 tomorrow then pull back.
VLO 53.38 up .46. Going up on lighter volume. Try toshort at 55.5.
ZHNE 2.08 up .01. Wants to go to 1.84.
INGR 50.56 up .95. Weekly looks good. Strong stock. Close to but not parabolic. Could go up five points. Stay long.
DESC 7.90 up .44. Looks okay.
RGLD 33.19 up 1.87. One of the strongest gold stockstechnically and fundamentally. Do not short this stock.
PCFG .30 down .01. Stay away.
SIFY 11.49 up .82. Strong stock. Signs of strengthall over. Setting up larger ABC structure. Hold the long. Can go back to 8.83. Don't chase it. Really nice set up for 2006. In 2000 was $450. Try to enter
at 8.90.

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