Follow The Market( QQQQ, AKAM, OIH, COGO, AMD) 12/14/2006

1. QQQQ

The downside risk is gone and it looks like market will go higher. But I'll follow it closely.

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

It's a strong close today.





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

It broke out today.



This one is ready to break out $148.50 and heading higher. (12/13/2006)


4. COGO

This stock could not go higher with the strong market so I took half of my position off the table.



It's still flirting around this blue line. (12/13/2006)
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)

5. AMD

When I'm wrong I'll admit it quickly and wrong small.



Enough cause will have a good effect to the down side. My target will be $17 soon. (12/13/2006)
This one has the same chart pattern as SNDK. Odds favor it will be down also.(12/12/2006)