12.03.2007

MIDDAY SNOOZE


Markets continue to bounce around with oils, metals, semis, utils and retail higher and gaming, insurance, financials and real estate lower.


Market internals continue to be strong on the IBD 100, weak on the OEX and flat on the NDX.


OIH continues to act well despite the slippage in crude.


Winning stocks- ATVI DSICA SHLD MCHP XMSR CMCSA MCD INTC DD CI TELOZ TISI AGU SXE CF FSTR GSOL;


LOSERS- PAY RIMM EXM DSX DRYS COF AXP GE GM EK DELL RIMM PDCO WYNN MNST AMAT CELG;


Not sure what is up with GE, but it certainly doesn't act well of late.


Anyhow, still looking for higher prices this week and maybe a little ramp into the late afternoon.


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