VLO - Valero Energy

Has been working off the huge gains it made from the previous move higher as NATGAS has come down substantially from its 2005 highs...Following support turned resistance higher...A breakout above the Triangle Apex would be BULLISH...

BYD - Boyd Gaming

After a big advance, BYD has been consolidating in what looks like a bullish flag for the past two years...Could reach the bottom of the clearly defined down sloping channel.

ISLE - Isle of Capri Casinos

On this MONTHLY chart, after crashing from it's mid-1990's highs down to around $2 it has embarked on a huge uptrend but has now been in a consolidation phase...Appears to be tracing out a HEAD AND SHOULDERS pattern...

BSX - Boston Scientific

Finally bottomed-out on heavy volume in the fall around 14.50, and has been forming a base over the past six months. Moved up to the mid 18's and just recently made what might be a double bottom as it touched the 14's again...Could move up again from here if and when the market psychology toward this medical device maker begin to shift...

HSY - Hershey

Enjoyed a large up move and has been correcting for some time now. Looking to begin another leg up if the "SAFE STOCKS" make a move...Emerged to the top-side of the consolidation triangle recently and is finally poised atop of the EMA band.

DDR - DEVELOPERS REALTY

HUGE MOVE UP FOR THIS ONE -- TURNED AROUND AT 72 AND HAS DECLINED WITH THE RECENT DOWN MOVE -- SEEMS TO BE FORMING A HEAD AND SHOULDERS TOP SHOULD HAVE SOME ROOM TO DECLINE FURTHER AFTER IT REBOUNDS A BIT HERE




THE UP MOVE IS EVEN MORE PRONOUNCED ON THIS CHART -- WE CAN STILL SEE A POTENTIAL REVERSAL HERE WITH THE HEAD AND SHOULDERS TOP

BKS- Barnes and Noble

HAD AN EXTENDED MOVE UPWARD AND NOW APPEARS TO BE COMPLETING A HEAD AND SHOULDERS TOP-- NOTE THAT THE STOCK RECENTLY HAS A LARGE VOLUME DECLINE..

ODP - Office Depot

AFTER AN EXTENDED UPTREND THIS ONE HAS BEEN CONSOLIDATING -- NOTICE HOWEVER THAT THE PRICE HAD FALLEN BELOW THE BOTTOM OF THE TRIIANGLE WHERE PRIOR SUPPORT IS FUNCTIONING AS RESISTANCE -- EXPECTING MINOR UPSIDE NEARTERM AND THEN --THE DECLINE...

MONTHLY CHARTS OF HOMEBUILDERS - TOL LEN KBH CTX BZH

$INDU/$GOLD - $INDU IN BACKGROUND

SLW - SILVER WHEATON

BEEN CONSOLIDATING BETWEEN $8 AND $12 FOR THE PAST YEAR....LOOKS TO BE READY TO START ANOTHER WAVE UP HERE AFTER SOME NICE SIDEWAYS ACTION...ALSO BEEN UNDERPERFORMING THE UNDERLYING PRECIOUS METAL AS OF LATE...

PAAS - PAN AMERICAN SILVER

BROKE OUT OVER $28 THIS WEEK WHICH WAS LONG TERM RESISTENCE...THIS TYPE OF PATTERN USUALLY PRODUCES A GOOD RALLY AFTERCONSOLIDATING FOR A WHILE ABOVE RESISTENCE TURNED SUPPORT...

CDE - COEUR D'ALEINE

EVEN WITH SILVER SPIKING HIGHER THIS SILVER STOCK HAS A LNG WAY TO GO TO NEAR ITS HIGH AND HAS BEEN SERIOUSLY UNDERPERFORMING THE PRECIOUS METAL WHEREAS A FEW YEARS AGO IT HAD BEEN OUTPERFORMING...



DOWN NEAR THE BOTTON OF ITS RANGE EVEN WITH SILVER GAINING STEADILY...CERTAINLY COULD BE CONSIDERED A LOW RISK BUY...

PALM - PALM, INC.

COMING OFF A SEVEN MONTH BASE TRADING BEWTWEEN 13.50 AND THE 16'S...MOVING UP RECENTLY ON HEDGE FUND BUYING AND ALLEGED TAKE OVER POSSIBILITIES...

***UPDATE***PALM HELD UP RELATIVELY WELL DURING THE BIG DOWNTURN... THEN POPPED HUGE IN THE PAST TWO DAYS WITH THE MARKET DOWN HUGE THIS WEEK PALM UP ABOUT 15% ON HUGE VOLUME AS THE TAKEOVER RUMORS ARE COMING TO A HEAD.

CPB - CAMPBELL'S SOUP

IN A SUSTAINED UPTREND FOR A WHILE AND HAS BEEN RIDING RESISTENCE TURNED SUPPORT...REPORTED EARNINGS ON FRIDAY MORNING AND POPPED HIGHER ON BIG VOLUME...

VIP - VIMPEL COMMUNICATIONS

UP HUGE RECENTLY...IF SPECULATION IN EMERGING MARKETS IS REIGNED IN, THIS NAME SHOULD SEE DOWNSIDE...

MCO - MOODY'S

SINCE BOTTOMING OUT ON HUGE VOLUME IN THE SUMMER THIS ONE HAS REBOUNDED ON LIGHTER VOLUME BACK UP TO ITS OLD LEVEL...FROM 46 to 73...JUST REPORTED NUMBERS THAT ARE INFLATED DUE TO A PROPERTY SALE OF ITS 99 CHURCH STREET HEADQUARTERS...BROKE OUT ON LOW VOLUME...

POSSIBLE DOWNSIDE AHEAD...

**UPDATE** - MCO POPPED TO $76 THE DAY OF EARNING ONLY TO REVERSE TO $70 RECOVER BACK TO $73 THEN PLUMMETED TO $66 AND CHANGE BEFORE RECOVERING A BIT **

RUSSELL 2000

LONG CONSOLIDATION ANDTHEN BROKE OUT RECENTLY TO THE UPSIDE...WILL IT BE ANOTHER LONG LEG TO THE UPSIDE??? OR A FAKE OUT...

POOL- SCP Pool

BROKE THROUGH LONG TERM TREND LINE ON HEAVY VOLUME...FOLLOW TO DOWNSIDE

MMC-Marsh McLennan

BEEN BUILDING A BASE SINCE THE CRASH IN '04...WE'LL SEE OVER 33...

BBI - Blockbuster

UP BIG SINCE LATE OCTOBER...UP ON MUCH LARGER THAN AVERAGE VOLUME BY THE END OF THE WEEK...IT MIGHT BE MAKING A NEAR TERM HIGH AS EVIDENCED BY THE BIG VOLUME BOX...

JET BLUE - JBLU

BROKE OUT OVER ITS BIG VOLUME POP AT 15.60 AFTER WORKING OFF THAT MOVE FOR A WHILE ON A LITTLE LOW VOLUME PULLBACK...THIS AIRLINE SECTOR IS "TRENDING" UP..LET IT RUN....