Follow The Market( QQQQ,AKAM,OIH,BA,GOOG,CELG,SHLD)12/15/2006

1. QQQQ

Retest of the break out line with light volume.



The downside risk is gone and it looks like market will go higher. But I'll follow it closely.(12/14/2006)
Nothing new happens so far.(12/13/2006)
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

As long as it could run in this uptrend channel there is nothing to worry about now.



It's a strong close today.(12/14/2005)
Wedging up in low volume is not a good sign. I really hope it could build a flat base around $55. (12/13/2006)
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. OIH

Retest of the pivot point which is good. In time it will go higher.


It broke out today.(12/14/2005)
This one is ready to break out $148.50 and heading higher. (12/13/2006)


4. BA

It has been building a new base around 92 area. Break out from the green line and that will be my entry point.



5. CELG

I mentioned this stock when it was 46. It looks like it will go even higher.



6. GOOG

It will be a big move if GOOG would break down the neck line.



7. SHLD

It is still in this long trading range. I will not touch it on either side now.