Weekly Calls Jan. 16-10, 2007

My weekly assessment of the market and trading guidelines were posted earlier, as well as my weekly trading call on Chinese ADRs. Below are the weekly calls on rest of the stocks on my list.

Focus List:

1. AAPL: DT-L1 at bottom (300 share, $0.6 stop) when it spikes towards key support levels at 87, 90 and 93; DT-S3 on top (200 share, $0.6 stop) if it spikes towards 97, 97.8 before its Q1 report; speculative SW-S3 on top (50-150 share, scaled entry) if it spikes towards 100 or higher on earning report. It had a 11% weekly gain on extreme volume, but its weekly chart show relatively weak up momentum. The investigation on its option scandal is likely to produce more unfavorable headlines in coming weeks, therefore, speculative SW-short-on-top (use 97 as IT) if it shoots up after its Jan. 17 AH Q1 report could potentially be very profitable.

2. LRCX: will release Q4 Jan. 17 AH, key S/R: MA200=46.6, around 48.6, 49.5, MA50=51.3, around 54.5, 57.05 (recent high).

3. MOT: will release Q4 in Jan 18 AH, may consider speculative L2 at the bottom (initial entry 200 share, $0.6 stop, 400 share full position) if it spikes down towards 17 or lower as the immediate reaction, IT=19, I suspect all the bad news are priced in by now.

4. UNH: will release Q4 Jan. 18 BMO, key support: MA50=51, 52, 54.

The rest:

1. ADBE: SW-S3 on top (100 share as initial entry, up to 300 share), entry zone 40.9-42, IDS=42.6, CS=41.65, IT=38, MA50=39.5. It significantly underperformed the NASDAQ in the past 2 weeks, weekly chart shows bearing divergence and stalling up momentum.

2. ADSK: L1 at bottom (300 share) if it spikes towards 42, IDS=41.41, CS=41.9, IT=44.

3. AFFX: S3 on top (300 share) if it spikes towards MA200=26.4, IDS=26.82, CS=26.5, IT=24.

4. ANF: speculative SW-S3 on top (100 share) if it spikes towards 79.5 with a stop just above 80, IT=74.

5. CEPH: speculative SW-L3 at bottom (100 share) if it spikes towards 69, IDS=68.7, CS=68.8, IT=72. Looks like it has bottomed out here, however, a break above 72 or below 69 may warrant a trade along the break-out direction.

6. DVN: CTT (200 share) between 63.7 and MA50=67.8 use tight stops, bias on the short side, don't trade the mid range.

7. ENER: S2 on top (300 share) if it spikes towards MA50=35.8 with a stop just above 36, IT=32.5, MA200=36.8.

8. ESRX: speculative SW-L3 at bottom (100 share initial entry, 200 share) if it spikes down towards 60, IDS=58.7, CS=59, IT=66.

9. JCG: S3 on top (300 share) if it spikes towards 39.2, IDS=39.5, CS=39, IT=37.3.

10. NVDA: CTT between 31 and 38 (400 share, $0.3 stop) use tight stops, don't trade the mide range.

11. RIMM: CTT between 125/127.8 (MA50) and 140/143 use tight stops (100 share, $1.2 stop), don't trade the mid range.

12. SHLD: speculative SW-S3 on top (initial entry 50 share, $1.5 stop, 150 share full positions) if it spikes toward 181, stop just above 182.5, IT=169.

13. SNDK: speculative SW-L2 at bottom (initial entry 200 share, $0.5 stop, 400 share full position), entry zone 42-43.3, stop just below 42, IT=46.

14. VRTX: speculative SW-S3 on top (100 share initial entry, $1 stop, 200 share FP), entry zone 39.5-41.5, stop just above 41.5, IT=33,

15. WLT: speculative SW-L2 on bottom (100 share initial entry, $0.5 stop, 300 share FP), entry zone 26-26.5, stop just below 25.8. MA200=25.1, MA50=24.8.

16. X: SW-L2 at bottom (100 share initial entry, $0.5 stop, 300 share FP, scaled exit) if it spikes towards 71 with a stop just below, IT=76.