Friday, December 23, 2005

20051223 Tom PM

Gold going back to 480 or 476.

AVNX 1.35 up .14 Nothing to stop this to 1.80. There is a gap at 1.74. Over 1.90 it can go to 3. Volume is coming in.
CIEN 3.08 up .25. High volume sign of strength.
SNDK 63.04 up 1.34. Volatile. Approaching highs with low volume. 65.24 watch for a short.
NGEN 2.80 down .04. Has been basing since April. Doesn't yet have up spikes.

CIEN 3.08 up .25. Building cause for a year. Once over 3.50 with volume then 3.80. Over 3.80 pull back to 3.50 then go to 6.50.
ACS 61 up 2.92. Has done 100% move. Rumors of takeover. Buy at 56.5 if it is not taken over.
JNJ 61.11 down .21. In the middle, no reason to buy now. 59s need to be tested.
SSTY .005 down .003.
BRKL 14.39 up .24. There was a buyer on 12/16, a week ago. Building cause since July 2003. May go up to 16.71. 2.4% dividend.

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