20060216 Tom PM

SPX 1289 up 9.
Nasdaq 2294 up 18.
Dow 11120 up 61. Going to 13000.
Gold 550.

GLG 28.96 up 1.26. Counter trend bounce.
LLY 56.36 up .34. Buy here. Going for 59 if has volume then 63.
DELL 31.96 up .19. Numbers tonight. Going to 34.26. Then going for August gap at 37. Off the bottom then the gap becomes a magnet.
This is off bottom. Also has island bottom.
MCD 36.37 up .36. Wants to go up.
NAK 5.65 up .12. Volume was too light going up. Nearly done with retracement.
GOOG 366.46 up 24.08. Counter trend run to 395. Short on the second test of 395.
CAL 23.42 up .68.
STX 26.80 up .30. At highs. Stay long and watch volume tomorrow. Needs 10 million shares to keep going to 30.
CHK Don't buy this oil. Other oils can bounce.
GFIG 56.73 up 1.59. Good looking chart. Stay long.
HANS 89.96 up 3.77. Action.
KFY 20.10 up .24. Nice setup. A lot of cause. Can go to 26. Then no resistance to 37.

CYBS 8.57 down .03. Consolidation. Buy around 7.76. Built a huge base since 1999. Volume now is lighter than 2004, and that is a problem.
PBR 89.98 UP 5.33. Action. Will run for 94.
ERS 18.50 up 2.00. February 8 down day is a problem. Went topside today can go to 20.
HGSI 12.44 up .91. Going into the gap with volume. Broke B today. Will get the whole gap. After finishing gap it will pull back.
BSX 24.58 up 1.97. Will run for 26.56. Longer term has action in a couple years back to 45.
PCNTF 6.71 down .01. 5.82 is the buy.
TGB 1.80 up .03. 2.07 high has not been tested. It can break higher. Beautiful chart. Dynamite cause has been built.
SMH 38.70 up .50. Volume is dropping off. Just under channel line. Look inside index. Lam research shaking people out. KLAC shaking people out.
AGT .44. Wants to move right now. Wants to go to .48.
NEM 56.20 up 1.38. Watch this to follow if gold is doing counter trend bounce.