20060501 Tom PM

INDU 11343.29 down 23.85. Down on volume. 11260 is open for a test.
SPX 1305.19 down 5.42. Down on volume. 1285 is open for a test.
CCMP 2304.79 down 17.78. Going to January 20th.
Gold 656.40 down 3.80.
Dollar 85. Bottomed today. Will see a big countertrend bounce to 92.
Bonds down, rates going up.
Oil 73.69.

AGT .68 up .02. Will test the recent low because there was so much volume there.
NVAS .69 up .01. Bulletin board stock.
SIFY 11.64 down .11. Filled the gap. Not ready to buy. Will test 10.75 again.
GOOG 398.9 down 19.04. Support at 388.
CMA 55.61 down 1.26. Consolidating. Can go a point lower, then if it goes with volume can go to 50.
BMGX .86 up .25. Bulletin board that bought a miner royalty.
GG 36.04 up .92. Can pull back 5 points, buy why sell and pay the taxes? It depends on your trading plan.
HMY 16.65 down .15. Want to be in the south africans if the dollar has some strength.

AKS 14.90 down .01. Not a buy. Buy around 11.97 at the gap.
CVX 61.17 up .15. Rejected high with lighter volume, so can go back to 58.
TOL 31.18 down .97. Going down to 25. Housing is done.