Thursday, May 1, 2008

1/5 Analysis

ANF
-Looks like TT to south.
-B/70P

BIDU
-Red LSMA, Fish turning. Rest of short term signals in indicators also flat.

CAT
-Bearish seems to be flat red sea crossing.
-B/80P

CF
-Still being sold off today
-must wait till AG sector rebound.
-if buy, look B/125P

CLF
-Looking bearish. Now resting at keltner.
-S/165C

DRYS
-Seems to be ZLR today. Strong buying interest. But overall still red LSMA.

FCX
-continue selling pressure today. REsting on keltner but all indicators bearish.
-S/120C

FDG
-premiums not too good.
-looks like TT.
-skip this for now.

MOS
-potential TT setup.

MTL
-miss this one. wait for reversal.

POT
-same, wait for reversal.

RIMM
-ranging trading between 128 and 118 for 2 weeks.
-S/115P

SHLD
-a lot of tussle.
-wait out.