20070806 Tom AM

DJIA 13,248.89 +66.98
NASDAQ 2,511.76 +0.51
S&P 500 1,437.90 +4.84

HOV 11.75 -27. Short interest is 65%. Look to short at 18.
BZH 10.76 -.54. Accused of fraud. Going to go bankrupt and to zero.
CTX 33.54 -1.77. Today will test 33.13 on lighter volume and then bounce.
BSC 104.19 -4.16. Going lower.
SWC 8.41 -.15. Close at 8.79 with lighter volume at end of week, then it is a buy. Long term going to 18. Still hedged.
FDG 30.01 -2.25. 8.1% dividend. Can test 25.5.
FBALX 20.14 -.38. Fidelity Balanced Fund. Can't get volume on these funds.
DUG 55.13 +2.31. Going to 75 from March 5, 2007.

SP500 broke 200 day moving average.
Nasdaq looking to break 200 day moving average.
Russell2000 already broke 200 day moving average.

DJIA 13,184.92 3.01
NASDAQ 2,493.04 -18.21
S&P 500 1,430.54 -2.52