20060109 Tom PM

Gold got to 553.10. Testing shooting star and closed above it. Closed over the highs.
Gold equities are overbought and will pull back.

ONT 1.05 down .23. Volume accelerating on way down.
AEM 22.08 up .17. Wants to pull back.
CCJ 68.11 down .81. Buy at 63.39.
OSCI 2.60 up .17. Tom owns from 1.97. May go to 3.
RMBS Buy the pull back.
ENWV 12.53 up .10. Keep a tight stop.
RESP 38.40 up 1.55. Wants to go to 40. Don't think about going short in this bull market.
DROOY 1.68 down .13. Maybe buy at 1.49.
DELL Keep an eye on it. Not ready, but will move up in the future.
SNDK Keeps walking up.
NEM 58.51 up .81. Can extend further up.
AMTD 25.52 up .50. Announced six dollar dividend. Will pay January 24. Wants to trade to 29. Wait for pull back.
TRAD Wait for pull back.
FRO 38.34 down .13. Don't touch this.
VZ 31.48 up .13. Broke down trend. Pays 5.2% dividend. Tom bought in his personal account.
KBH 79.89 up 4.15. Can run to 89.

LDIS 5.38 up .27. More than double average daily volume. Has 6.50 written all over it.
WLS 110.56 up 8.26. Well off 52 week high. Laggard has overhead supply.
HOV 53.98 up 2.24. Has overhead supply.
ISRG 33 million shares in float. Hugging the highs.
DEN 16.85 up .16. Action to 18.25 then overhead supply and resistance.