Monday, August 20, 2007

20070820 PM

DJIA 13,121.35 42.27 Can test 13,500.
NASDAQ 2,508.59 3.56
S&P 500 1,445.55 -0.39 Can test 1480.
Markets were slightly higher on lighter volume.

GBN 2.07 +.02. Rejected 1.82 last week. Ready to buy.

CHL 56.34 +1.23. Can bounce to 60, which potentially will double top with lighter volume.
ELOY 16 +2.93. Good volume and big price spread today.
MDG 24.98 +.86. Fundamentally has hostile take over bid they are rejecting. Going up into June 28 2007 gap that had big volume and big price spread.
TMY 1.99 +.02. Held up well last week. Has options. 52 week: 5.18 .. 1.04.

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