Saturday, August 27, 2005

8/26/05: RFMD, MIK, AKS, BP

Market:
DJ: Weak technicals.
[lots of each peak wave, wave yadda yadda yadda...TOB is out today and Basil is analyzing everything...I don't follow all of that so I will probably just have the charts without comments.]

RFMD:





MIK:





AKS:





BP

8/25/05: ALO, TE, HET, VLO, MCEL, MSO, ATML


ALO: ...finished ABC up...it's time to bail..."



TE: "...(caller short) you should have waited...3x3 DMA, MACD not going with you..."



HET: "...(caller short) you should have waited...3x3 Displaced MA and MACD not going with you..."



VLO: "...(caller short) not ready yet...this thing wants to go higher...watch XOM as proxy to VLO, OXY...don't go short until 92.25 (on lighter volume)..."




MCEL: "...definitely should have sold...wants to come back to test BO area (1.85)...finished ABC"



MSO: "...you get a sign of strength here..."



ATML: "...4/27 had 20M shares...back to BO on 5M...just about ready to go...don't let it go under 1.99...will have a hard time getting through 2.38..."