Monday, February 26, 2007

20070226 Tom PM

DJIA 12,632.26 -15.22
NASDAQ 2,504.52 -10.58
S&P 500 1,449.37 -1.82 Volume accelerating into lows.
Gold 690.70 Running for 700 then will try for 732.
Oil 61.55

IAG 8.94 -.05. Consolidation. Can test 8.82. If test and reject of 8.69 then buy going to 9.8.
UXG 5.12 -.07. Stay long.
CMGI 1.55. Earnings tonight. Lighter volume, can go down. Can test 1.44.
CNS 43.42 -2.75. REIT. Came off highs with volume.
MDG 29.46 -.89. Tom sold. Coming off highs with volume.
FRO 35.83 -.49. 27% dividend. Rejecting lows. Going for gap at 37.15.
FDG 24.87 +.91. 13% dividend. Higher with volume. Close around 25.71 this week and it confirms ABC up and action.
AGT .59 -.15. Heavy volume off highs. Announced private placement valuing shares at .5.
CKG 6.9 +.2. Will test Feb 20 down draft day.
MFN 11.17 +.21. Don't buy.
PAAS 31.7 +.67. Tom owns. Buy pullback.
AULO 1.03 -.08. Better miners out there.
IAG 8.94 +.05. Consolidation. Can test 8.69. Will go higher.
GOOG 465 -6. ABC down to gap at 419 from October 2006. Natural retracement could take it to 300. It will still need to show it wants to go back up.
SMTC 15.19 -.11. Highs with the necessary volume last week. Broke down trend. Action. Going to 17 then 21.
RMDX 1.33. Can to go to top of consolidation at 1.57.
HURN 63.96 -1.19. Let it consolidate and look for possible buy.
UCTT 17.1 +.45. Big up move Friday with volume. Up today when chips and nasdaq down, so keep an eye on this.
NG 17.14 +.44. Tom owns. Interview, says Barrick has 1/3 and is going to lose some of that share so NG will have more.
NovaGold Resources Inc. announced Friday that it had received its Environmental Assessment Certificate from the Province of British Columbia necessary for construction, operation, and closure of its Galore Creek project.

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