Follow The Market(QQQQ,AKAM,COGO, GOOG, OIH, GS) 12/13/2006

1. QQQQ

Nothing new happens so far.


Break down the red line and the party would be over.(12/12/2006)
It's now in a tight trading range. No idea where it should go next. Odds favor down.(12/11/2006)



2. AKAM

Wedging up in low volume is not a good sign. I really hope it could build a flat base around $55.


It's still in this pull back mood.(12/12/2006)
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 still flirting around this blue line.



It's a small breakout failure and if it could not get back the blue line I'll exit my position here.(12/12/2006)
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

Retest the red line which it broke down several days ago.


The mood is changed to bear phase now. Down in heavy volume and up in light volume.(12/12/2006)
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. AMD

Enough cause will have a good effect to the down side. My target will be $17 soon.


This one has the same chart pattern as SNDK. Odds favor it will be down also.(12/12/2006)


6. GS


I'm still watch this one as a short closely.(12/12/2006)


7. GOOG


This is a beautiful head and shoulder pattern. A small money has been put on the down side to test the water.




8. OIH

This one is ready to break out $148.50 and heading higher.