Follow The Market(QQQQ, AKAM, COGO) 12/12/2006

1. QQQQ

Break down the red line and the party would be over.

It's now in a tight trading range. No idea where it should go next. Odds favor down.(12/11/2006)



2. AKAM

It's still in this pull back mood.

This one still looks good but volume dried up while it's going up. Not a good sign.(12/11/2006)

3. COGO

It's a small breakout failure and if it could get back the blue line I'll exit my position here.

I'll put a profit taking point just under today's low. But if it could get over today's high, this one will see 20s easily.(12/11/2006)

4. AAPL


The mood is changed to bear phase now. Down in heavy volume and up in light volume.

89.5 becomes a resistance when AAPL broke down from it two days ago. If it could not
get over it quickly it will have more down turn risk.(12/11/2006)

5. SNDK

It broke down today.

Enough cause has been built up and it will have a big drop soon.(12/11/2006)


6. AMD

This one has the same chart pattern as SNDK. Odds favor it will be down also.


7. GS

I'm still watch this one as a short closely.