Tuesday, September 12, 2006

20060912 Tom PM

SPX 1313 up 14 with volume. When it gets over 1326 then going to 1433.
CCMP 2216 up 43. Resistance at 2270 from May 11.
INDU 11498 up 101 with volume. Going for all time high then to 13000.
Gold 594.
Dollar 85.91.
Option expiry week.

VGZ 9.87 down .28. Buy may have been today. Volume lightened up from yesterday. Don't need to rush to buy. Is tied to price of gold.
HMY 12.22 up .02. Is ready to buy. Tom bought today.
COMS 4.42 up .06. Sign of strength today. 5.31 week of June 30 is wide open.
DNA 78 down .33. In large consolidation. Can test 71.
PVTB 44.93. Looks great on weekly.
GLG 40.29 down .95. Might go back to 48.
LEN 45.47 up 2.36. Counter trend bounce.
RAD 4.76 up .25. Running for highs of 4.90.
TGC .74 down .07. Not a long.
SIGM 15.20 up .64. Is a potential long. Closed at highs of day. Needs more volume.
SLW 9.44 down .48. Unlike other metals, had volume today going down. Next level of confluence is 8.59, which would be a great buy. Can go to 12.21.
AMZN 31.72 up .93. Closed at high. Is closing gap at 33.

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