Thursday, February 09, 2006

20060209 Tom PM

SP ABC down is set up.
Dow 10883 up 24. Consolidation.
Nasdaq 2255.87 down 11.11.
Gold up 16. Probably won't go higher. Will go back down.

NEM 56.53 up .83.
GLG 29.15 up .68.
OXY 87.77 down 1.79. Has put in the top. Going to 85.
AAPL 64.95 down 3.86. ABC down confirmed. Going to 60.
GOOG 358.77 down 10.31. Going south to 336. First time there will bounce next time will go into gap 301-330 to fill this 10% gap. Get ready to get long at 301.
DELL 31.21 down .31. Had already proved no more sellers. Yesterday buyers came in. Put this on watch list for 29.86 buy.
SIRI 5.80 down .18. There is nothing here, don't be long. Under 4.80 then 3 then 2. If you are long, sell it.
AOB 5.12 down .27. Not even close to a buy.
RGEN 4.36 down .24. Looks good when market is ready. Buy around 3.27.
ADM 31.30 up .68. Good looking. Buy around 29.50.
AW 9.90 up .15. Great numbers after hours. Wants to go a lot higher.
CRY 4.55 up .21. Has built a little cause. Buy at 3.50.
LUV 16.51 up .17. Sideways move since November 2 with not much underneath. On a weekly building strength. Money management this can go south two points quickly.
CRDN 53.95 down .62. Strong stock.
FRK 56.74 up .36. Consolidation. Not bad though not huge cause built up. Wants to go to 58. Has a shot at 67.
HYGS 4.10 up .09. Has done 100% retracement so now needs to build cause to go up. Expect more consolidation.
FSL 27.92 up .36 Semiconductor. Some action, good looking. Wait until market pulls back.

QSII 79.85 down 7.05. Monster volume down. Down 13 more after hours after numbers. Shows people knew.
CDE 5.14 up .14. Sell now. Going to 4.34.
AVCT 34.23 up .48. Is back up at gap. Needs a few more months of cause.

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