AKAM - broke its uptrend line on 6mo chart. Might be due for a bounce, though.

AKAM oversold yet?

Kos,

One day at a time, that's my motto!

10yr TIPs auction went well and USD rolls over; good for commodities but with three more
auctions coming, I remain on the short side of the market.

S&P_creaping up stealth style...looks like oil has support @ 62.09/58.80, so may have to
depend on BIO/BANKS on the S&P

SGR - I don't like that it took out that 25.52 swing low. That suggests to me that rallies
will probably fail.

Infrastructure, materials, etc. will be under pressure if Dollar continues higher and Oil
continues lower.
Can't see $SPX doing much if Oil can't rally.
FSLR - if it can't hold here, probably the 120's. It's not going up if Oil prices decline.
That's the key for a lot of stocks.

MGM, who finally restructured the financing on their huge City Center project, is in
trouble again. Some buyers are demanding a renegotiation on their sales price (they
bought during the real estate boom) or they're backing out completely. Poor MGM *lol*
Its trading right at near term support but if it breaks below w/volume I'm going to short
the smidiots.
http://online.wsj.com/article/SB124683603903997941.html?ru=yahoo

Last edited on: 07-06-2009 12:47 pm

GT,

were u see support on FSLR? been watchin that dive for the last month

Morning folks. Have company here today so difficult to get anything done. Is it me or is
volume low today?

GT,

thx for ur input, u may be right, definately not lookin to strong, thought i saw support @
24.97

wut u lookin @ today????