Monday, August 28, 2006

20060828 Tom PM

SPX 1302 up 7 on light volume.
INDU 11352 up 68.
CCMP 2160 up 20.
Dollar 85.17 down .13.
Gold 623.
Silver 12.23.

BOT 109.80 down 1.57. Buy at 96.
KLAC 43.07 up .27. Nice long setup. Semis are moving.
SLAB 33.28 down .20. Gap still open from 2005.
LNUX 4.54 down .08. Earning tomorrow. Large consolidation range. Can easily test low 4s.
NBR 33.30 down .92. Earlier in year was at highs without big volume. Last week had sign of strength. Watch volume as it goes higher.
COSWF 31.68 up .20. Can test lower to last Fall prices. Keep tight stop if long.
CDE 5.07 down .23. Wait to buy.
AAPL 66.98 down 1.77. Tom is short. Wait for 52.9 to buy.
STEC 6.48 down .02. Will consolidate. Beautiful on monthly.

No comments: