Saturday, February 23, 2008

20080222 PM, CAU AIRM RCII

DJIA 12,381.02 96.72
NASDAQ 2,303.35 3.57
S&P 500 1,353.11 10.58

Big reversal in last hour for positive close. Good action for upside, as the weak hands sold this week an particularly today.
Silver closed above 18.

GOOG 507.8 +4.94.
SKF 108.9 -3.3. Day range 108.74 - 116.86. Closed near low of day. Stay short.
PDS 21.21 +1.14. Positive all day, with good volume. 52 week high is 27.89. Watch it at 25.
CAU .45 +.02. Building cause.
WFC 31.44 +.7. Set to go higher, look how it goes to 34.
TIE 23.81 -.02. Rejected lower prices today. Look for 26 next week.
AIRM 40.36 -2.55. Research the fundamentals to look for possible short.
RCII 18.34 +.42. Rejected lower price, going higher next week.
LLNW 6.35 -.33. Unlike many stocks today, this did not reject lower prices and it did close at low of day. Look for retest of 5.9 area.

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