20060222 Tom PM

Gold Rejected lower prices today.
Dollar wants to strengthen.
Oil Retraced up, will go back down tomorrow.

VLO 54.55 down .97. Tom went short in the morning. Down volume was light. If breaks 47 with volume then it can go to 43. Needs volume tomorrow.
NVDA 46.38 down .08. Needs volume to keep going up.
YHOO 33.16 up .77. Going to 34.
AW 10.46 up .10. No rush to buy. Can buy around 10.01.

CHK 29.50 down 1.18. Going down.
CDE 5.73 up .22. Heading for high of 2004, in the 7s.
MOVI 3.56 up .52. Doesn't have a lot of cause. Over 60% short. Tomorrow want it to get over 5.07 with volume.
NSM 27.75 down .05. Rejected lower price today. Wants to go to 28.
RIMM 73.14 down 1.01. Not a short, though might go down another point. Has been showing some signs of strength. Is trying to break into 78.
MSO 18.88 up 2.39 with volume. Had earnings this morning. Building cause since October. Buy the retracement.
MDG 25.24 up 1.34. Monster volume. Action. Will attack 26.10.
UARM 28.20 up .80. Not yet ready to go. Had small sign of strength today. Needs to get on right side of 3X3.
S 23.80 down 1.13 on volume. Down on earnings. Now in consolidation. Bottom of consolidation is 22.43.
BOT 117.40 up 4.39. Not really ready to go. Buy close to 98.
LOUD .59 down .12. Buy closer to .40. The sector has better plays.
INFA 15.40 down .03. January sign of strength will be tested at 16.08. October low has not been tested. Be careful.
SGR 34.13 down .47. Went up 100% since hurricanes. Doesn't need to go higher.
PSO 12.45 down .15. Today was the buy.