Thursday, August 09, 2007

20070809 Tom PM

DJIA 13,270.68 -387.18
NASDAQ 2,556.49 -56.49
S&P 500 1,453.10 -44.39

ADI 37.81 -.22. Had big down volume on May 23, 2007. Short.
AEM 44.15 -.51. Very strong gold stock. Looks like it can go higher, but can consolidate.
NVDA 46.13 +.54. Good numbers after close - beat by 30%. Is over highs.
CTX 38.68 +.1. Counter trend bounce in housing. This sector will go lower. Longer term CTX can go to 13.
SKF 85 +4.69. Twice inverse of financials. Going to 100.
NFG 43.98 -1.26. Will first step down to 41.25 with volume of several days ago.
HL 6.7 -.91. Looks like it can go lower.
GRS 10.84 +.44. Numbers tonight. Recently had downside volume.

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