Thursday, July 06, 2006

20060706 Tom PM

INDU 11225.30 up 73.48.
CCMP 2155.09 up 1.75.
SPX 1274.08 up 3.17.
XAU 147.67 up 1.71. Sideways move. Building strength for 157.

CTCI 24.47 up 1.23. Hasn't pulled back since 13. Beautiful chart. Wait for a pull back to buy at 19.
OII 44.50 down 1.55. Wait a little longer to buy at 42.5 at the breakout area. 36 is open.
VZ 33.02 up .14. 5% dividend. Consolidation. Wants to go to 39.
VGZ 9.46 down .09. Option on gold. They own land that will be developed when price of gold rises.
PTC 13.01 up .69. Not yet has cause to go up.
AUY 10.17 up .17. Watch how it behaves at 11.50, and maybe lighten up.

APC 47.20 up .46. Rejected bottom so wants to test top. Later will go lower.
CMN 14.80 up .70. Action. If it gets volume then can test 18.
BSX 15.75 down .44. Too late to go short.
HANS 210. Volume coming in. Wants to go higher.
AZK 2.85 down .05. News. Tom owns.
NXG 3.88 up .01. Wants to go to May 12 gap. Watch that date for all gold equities.

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