The bulls struggled ahead of tomorrow's Nov. employment report, with NASDAQ led the decline.
1. AAPL: CTT between 84 and 89.5/90.5 use tight stops, bias on the short side, it finally broke down. MA50=82.8.
2. ADBE: CTT between 37 and 39 use tight stops, bias on the short side, MA50=38.7.
3. AKAM: L1 on pullback, entry zone 52.1-52.81, stop just below 52. This is a classic break-out, and should be bought on any weakness.
4. AMZN: DT-L2 on bottom, entry zone 36-37, stop just below MA200=35.9.
5. BIDU: L2 on bottom if it spikes towards key support around 116 and 112, IT=122. be nimble when taking profits, use 100-300 share size, stop no more than $1.
6. DVN: L1 on bottom, entry zone 71.5-72.4, stop just below 71.4.
7. ERTS: CTT between MA200=52.8 and 55.55 use tight stops, bias on the short side. NOTE: it dropped as low as 51.8 in AH without any news.
8. ESRX: L2 on bottom, entry zone 68-69.4 (MA50), stop just below 67.5.
9. FFIV: L2 on bottom if it spikes down towards 70.5, stop just below 70.5.
10. RACK: L2 on bottom if it spikes towards MA200=30.7, stop just below it.
11. SONS: L2 on bottom if it spikes towards key support levels at 6.2 and 6.3, use tight stops.
12. VRTX: L3 o bottom if it spikes towards 42.6, stop just below 42.5.
13. X: L2 on bottom if it spikes towards 76, stop just below 76.
Thursday, December 07, 2006
Daily Calls -- Friday Dec. 8, 2006
Posted by flyingwabbit at 12/07/2006 01:26:00 PM
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