20060824 Tom PM

SPX 1296 up 3.
INDU 11304 up 7.
CCMP 2137 up 2.
Dollar 85.17 up.20.
Gold 530.
Silver 12.53 up .04.

AAPL 67.81 up .50. Tom is short. Recalling Sony laptop batteries.
NRP 58.10 up .28. 5.5% dividend. At confluence, watch volumes here.
VLO 62.57 up .79. Consolidation can go higher here.
TIE 25.52 down .19. Not a long. High volume down day on July 14 needs to be tested.
CAT 65.50 down 1.71. Look to buy around 64.41.
EWJ 13.74 down .11. Tracks the Nikkei.
OS 48.24 down .23. Strong steel stock. AKS also strong.
STEC 6.48 up .01. Wait to buy at breakout at 5.68.
NGEN 1.95 up .15. Has been basing. Needs more volume to go higher.
GMR 38.70 down .18. Can buy around 38, going for 53.
LMT 83.45 down .87. May be topping.