Friday, June 16, 2006

20060616 Tom PM

INDU 11014.55 down .64.
CCMP 2129.95 down 14.20.
SPX 1251.54 down 4.62. Action was yesterday, set up B to C.
Gold 582.90 up 1.20.
Silver 0.215 up .085.
Copper 3.28

Insider selling tells a lot more than insider buying. Company may be financing the buys.

DXPE 34.16 down 1.8. Coming down with too much volume. Wait to buy.
BBH 174.01 up .25. Getting ready to go up.
AMGN 66.82 down .62. Looks like a long.
SHLD 155.27 down 1.78. Is above a gap up, so hard to buy this here. In consolidation and can go a few dollars higher.
RIO 21.79 down .48. 2.5% dividend. Looks good as a long. Will be resistance at 24.39.

AVNR 6.21 down .79. Volume picking up.

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