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ogm

07/14/05 11:36 PM

#409811 RE: jra2 #409805

CCMP is a little more complicated. It has to roll over and die very soon, otherwise seems like a risky short here.
Here is monthly and weekly. The chart seems to be gathering strength, though volume is pretty low, so it makes the whole thing suspect.
That monthly candle of course is far from final, so there is still hope.




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ogm

07/15/05 1:17 AM

#409822 RE: jra2 #409805

BBH Weekly. Where is the volume ? Is this the market leader ?
DNA has heavy weight in it though, but both DNA and AMGN had huge runs, so this looks like its really due for a correction.



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Zeev Hed

07/15/05 8:56 AM

#409870 RE: jra2 #409805

Yup....I did not have a full position on my first go, so added yesterday a little higher near $33. Still think that it is not going much above $34 if this run continues, and it is already looking a little tired.