Posted by 23 February 2006

Chart Request: Atmel (ATML)

From Max: Hey Mike just trying to hone my TA skills and ATML looks like a good long, entry at 5 on strong volume. What do you think? Although I’m not a fan of trading breakouts, especially on a stock that’s up so much (135%) in a few months, I do agree with the technical [...]

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Posted by 23 February 2006

February 23, 2006 Stock Market Recap

More of the same! Somebody please wake me when we either breakout or breakdown. Zzzzz…

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Posted by 23 February 2006

Chart Request: St. Jude Medical (STJ)

Here’s a chart of St. Jude for Franko who asked: How about revisiting STJ? Do you think it has sold off enough to start buying? I think it is still in a long term up trend. I agree that the long term trend is still up, if just barely. The stock is testing it 200-day [...]

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Posted by 23 February 2006

Watchlist for February 23, 2006

We’ve got another flat (to slightly down) open today. I think the one thing to watch today is if the S&P 500 can breakout above its 2006 high. It did for a second yesterday but fell back. Don’t forget that both oil and natural gas inventory reports are being released at 10:30. That should be [...]

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Posted by 22 February 2006

Watchlist for February 22, 2006

Looks like a pretty flat open based on the QQQQ. I guess I’ll wait for the opening range to be broken to decide whether to wear my bull or bear costume today… Potential swing trades:

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