Wednesday, August 30, 2006

20060830 Tom PM

INDU 11383 up 13.
SPX 1304. Going to 1350 then 1433.
CCMP 2186 up 13.
Dollar 84.90 up .09.
Gold 627 up 1.
Silver 12.69 up .02.

EBAY 28.45 up 1.28. Approaching B.
AMZN 30.67 up 1.15. Took out B. Going into the gap.
SMH is strong.
TIE 25.64 down .56. Quality volume on the way down.
GG 30.47 up .27. Big volume down in May 2006.
QLTI 7.90 up .05. Sign of strength yesterday. Built cause since September 2005. Last time down with volume is June 2004 from 17. Wants to go back up there in some time. Will see some resistance around 8.5.
ELX 17.35 up 1.15 with decent volume. Going for 19 where there is a shooting star.
ALJ 35.20 down .87. Ex-dividend today. Can test 32.
NFB 27.50 up .34. Something is not right. Being taken over by capital one, COF.

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