Thursday, February 02, 2006

20060202 Tom PM

DOW down 101.97.
SP 1270.84 down 11.62. Going to 1236.
Last day of window dressing they could not hold it up.

CNTF 16.90 up 1.50. Went up with volume in a down market. Buy retracement.
CESV 6.83 up .83. Buy retracement.
SIE 39.36 up .46.
AMZN 42.74 down 1.24. Missed numbers after hours. 38.46 going down into buy area. Watch 37.72 and get it when it has first sign of strength.
JPM 39.99 up .11. Maybe a short but not ready yet. 3x3 and MACD has kept Tom from not going short. Wants to go back to 36.
Tom is short C.
RACK 31.11 up .09. Numbers 36.39 after hours. Numbers 50% higher than expected.
POT 90.05 down .31. Hanging above 200 dma. Is building cause to break up. Can go back to 115.
UTEK 21.67 up 1.89. Wants to go to 22.48. Then with volume can go higher.
GNBT 1.18 down .05. Try to buy retracement. Built cause since October 14. Broke trend line so wants to go to 2.92 longer term.
SWY 1.34 down .01. Trades in Toronto. Needs more cause to get higher.
GEM .32 up .04. Trades in Canada. Nothing to stop it going to 42.

TIE 76 down .50. Consolidation, not a short. The down day with volume has already been tested so not a short. Would need to get over 79 with lighter volume then close under 79.44 to short.
HL 5.30 up .03. Interview. By-product lead and zinc. Tom owns. Buy the retracement.
TVIA 2.37 up .05. Too much down volume today so there is still a seller.
GNTA 3.18 up .42. ABC setup, has done two. Buy at 2.35. Action, 2004 came down from 16.

No comments: