Wednesday, November 15, 2006

Daily calls -- Thursday Nov. 16, 2006

Another up day, and bulls are apparently invincible, but what is it left that continues to full the rally? I feel that the bull market is entering its final stage during which it will rise on any news until all the bulls are bought in and most bears have given up.

1. AAPL: DT-CTT between 82.6 and 85 use tight stops. DT's bias is on the short side.

2. AEOS: DT-S1 on top, entry zone 48.2-48.5, stop just above 49.

3. AKAM: DT-CTT between 45.5/46.8 (MA50) and 50 use tight stops.

4. ANF: S1 on top if it spikes towards 74, stop just bove 74.5, however, also consider DT-L1 on bottom if it spikes down towards 69 use a tight stop.

5. BIDU: DT-S2 on top if it spikes towards 106 use a tight stop.

6. CHAP: DT-S3 on top, entry zone 42.9-43.2, CS=43.3.

7. ESRX: DT-CTT between 67.5 and 74.1 (MA200) use tight stops.

8. OS: speculative S3 on top, entry zone 59-60, stop just above 60, IT=55.

9. PEIX: DT-L1 on bottom if it spikes down towards 18.5, stop just below 18.3, IT=20.

10. SNDK: DT-S2 on top if it spikes towards 47.8/48.8 use tight stops.

11. TXN: S1 on top if it spikes towards MA200=31, stop just above 31, MA50=30.8.

12. UNH: S1 on top if it spikes towards MA50=48.9 or MA200=50.1 use tight stops.

13. ENER: SW-S1 on top, entry zone 39.7-40.2, stop just above 40.5, IT=37.

Earning Plays:

1. NTAP: reported Q3 in AH, traded mostly between 37.6-38.5, key levels: 35.4, 36, 36.3 (MA50), 37.68 (day low), 38 (close), 38.5 (AH and day high), 39.73 (recent high).

2. CRM: reported Q3 in AH. Traded mostly between 40.1 and 42.4 in light volume, key levels: around 37.7, 38.6 , around 39.7, around 42, 42.39 (close), 44 (day high), 44.58 (recent high).

No comments: