Thursday, February 09, 2006

20060209 Tom AM

Metals bouncing with lighter volume.

NXG 2.25 up .12. Maybe buy at 1.80. Twenty year chart was at 11.
TIE 75.55 up 1.56. High volume consolidation 60-79. Not a short. Buy at 63.
PARL 35.47 up 1.72. High short interest. 6.3M float, 3.6M is short. Good looking chart. Stay long.
AMAT 20.64 up .54. Going for gap at 20.82. Buy next retracement around 19.50.

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