Tuesday, July 11, 2006

20060711 Tom PM

INDU 11134.77 up 31.22.
CCMP 2128.86 up 11.93.
SPX 1272.52 up 5.18.
QQQQ 37.64 up .28.
Gold 643.
Silver 11.54.
Copper 3.62.
Oil 74.06.

Dollar failed.
Markets have made a short term bottom. Rejected lows and back inside trading range.

KLAC 42.56 up 3.23. Intra-day good news. Stay long.
VGZ 10.23 up .94. Going to 12 right now.

SSRI 20.67 up .77. ABC up. Will break B at 20.72 tomorrow. Going to the May 12 gap down day at 22.50.
AUY 10.09 up .51. ABC up. Look for 10.40 tomorrow with over three million shares and it will go into May 12 gap.
OVTI 19.26 up .51. Has work to do.
AMLN 51.21 up 1.11. Broke topside today. Wait for retracement to buy at 49.84. First can go to 59.
ICOS 21.02 up .09. Can run to 22.95.
GILD 61.76 up .16. Up today and did not hold price. Ready for a pull back to build more cause.

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