Friday, July 28, 2006

20060728 Wizard Mid-day

Unsolicited from the "Wiz".

Friday, Jul. 28, 2006 - 2:05 PM ET

SLW: consolidation here with resistance at $10.00. A failure at that level should be viewed as a reversal signal.

BGO: Acting well here. The next resistance level is the $6.00 level.

STJ: Beautiful.

OVTI: Beginning to rally off the 500 DMA. This play might not work so we will monitor. The stochastics are turning up here.

JBLU: Finding support at the lows of July. The bias is still down but moving higher at these levels is suspect.

CTX: Nice candle so far today and still finding the 50 DMA as solid resistance. Great reward/risk setup.

BZH: This rally looks more promising than CTX. We will watch this as we continue on today for additional strength and a possible stop out.

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