Friday, September 07, 2007

20070907 PM, Tom

DJIA 13,113.38 -249.97
NASDAQ 2,565.70 -48.62. Going to 2386.
S&P 500 1,453.55 -25.00
Index price spread with volume.

HMX 53.78 -1.72. Covered short from earlier this week.
SKF 86.89 +1.64. Looking to go long.
CC 9.8 -.35. Below Augutst 16 2007. Into prices from 2003.
WMT 42.39 -.37. Intraday touched July 2006 low and September 2005 low.
EMC 18.97 -.42. Look to buy in 16.5.
ZUME 45.36 -2.79. Look to buy in 35.5.
DUG 46.15 +1.1. Looks to go to 58.
HTE 26.58 -.52. High dividend.
JASO 38.92 -.17. Can test high of 44 and can also test 26 with market selling off.
GFIG 73.38 -3.08. "inter-dealer broker specializing in over-the-counter (OTC) derivatives products and related securities." This market has locked up, which should fundamenatlly be a problem. August 16 2007 low was 65.69. Look to short soon.
BZH 9.5 -1.41. Fundamental, technical, and legal problems. Look at bear spreads to 8 and below.

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