Omni Energy Services Corp (fka OMNI)

[Call Stocks To Arms]

We're in a wide trading range now with support at 8.35 and resistance at 9.85. So, we can expect some serious volatility.

The macro view is that the market will have a decent run up with another pullback (I'm guessing late Sept followed by the Oct fear) and then a strong 2006 ending.

I haven't decided if I will try to trade it. Attempted it twice and took small losses when I had to buy back a bit higher. Still expecting it to do quite well in 2007 regardless of what occurs in next four months.