Friday, November 16, 2007

20071115 PM

DJIA 13,110.05 -120.96
NASDAQ 2,618.51 -25.81
S&P 500 1,451.15 -19.43

SNDK 37.27 -.77. All longs who bought in the last seven months are underwater, some from the 50s.
AERO 5.57 -.23. 52 week low is 5.52. Short before it gets below 5 to not miss your chance. Likes to spike in the morning to catch stop orders. Low turnover.
CC 6.28 -2. Intraday 52 week low of 6.25. All longs in the past year are underwater.

SLV 143.45 -5.22. Commodities are correcting, so wait about a month to possibly buy, targeting 180s.
POT 109.81 -7.17. 52 week range 126 - 44. Look to short if this can get to 115 - 118. For longer term shorts or puts (3 - 6 months) anywhere around here is OK.
SMN 48.6 +2.53. ULTRASHORT BASIC MATERIALS PROSHARES August 16 2007 had volume at high of 72.18.

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