Volatility Index

Fed a group of Secret Bankers ?????

Uncle Fed cuts Interest rate

what's uncle fed doing here ? Is he the market catalyst or he's making the markets squeeze ? anyway markets in the past rebounded at this oversold level. Are we looking at short squeeze bull run ?? look the picture below :)

Are Markets Bottomed ?

SP 500 Above 50 DMA



NYSE Summation Index



Nasdaq Summation index



Nasdaq Above 50 DMA



Nasdaq Composite Bullish % Index



SP 500 Composite Bullish % Index

35%-20% Blow Previous Day and Up The Next Day

Just determining what will make these stock so crazy, Moves down the previous day and up the next day.Is this a temp play by the market movers? Are these plays more of manipulations on the stock value and put them where there are before sub-prime play?

Okay lets see some of the similarities with up stocks and previous day with big blow and making them soft land at 100DMA/200DMA

Up Stocks:

BKI (Google Yahoo Earnings Chart)
TVL (Google Yahoo Earnings Chart)
TRCR(Google Yahoo Earnings Chart)
HSR (Google Yahoo Earnings Chart)
ASIA (Google Yahoo Earnings Chart)
CAE (Google Yahoo Earnings Chart)
DLX (Google Yahoo Earnings Chart)
METH (Google Yahoo Earnings Chart)
MLI (Google Yahoo Earnings Chart)

Down Stocks
Wow look at them they are out of the fundamental. Are they going to bounce back the next day? We need to wait and see.

LEND (Google Yahoo Earnings Chart)
ELON (Google Yahoo Earnings Chart)
MXWL(Google Yahoo Earnings Chart)
RAK (Google Yahoo Earnings Chart)
AMSC (Google Yahoo Earnings Chart)
AMIE (Google Yahoo Earnings Chart)
ESE (Google Yahoo Earnings Chart)

CRNT

Ceragon Networks Ltd.

Technicials show this stock is forming bullish pattern for short term target of $20, but any pull back is strong buy on this position as its in oversold condition, Wait for short term reversal to load this position.Recent +ve earnings and raised the guidance FOY 07-08 will make this stock for medium to long term BUY.

Cramer Gone Mad On Uncle Fed

Housing Before and After

Is housing bubble going to burst in near future? And at what rate we would see that decline? One analyst say that housing could drop till 2009 and then you see it recovering in 2010.How about mortgage Companies doing with recent sub prime? AHM got crashed recently and shut down thier operations.Are mortgage co lining up to shut down thier business? Wishing not and willing to hear a +ve news from Uncle Ben this tuesday for any reversal in markets if he has any proposal of cutting interest rates in near future term.

Back in 2006, “I’m projecting the first [nationwide] price drop since the Great Depression,” David Lereah( chief economist for the National Association of Realtors.) said. “We’re going to have negative home prices in 2007.”

Is this true? Now lets take a look at the charts for analysis.

May-Housing Index



July-Housing Index

AFSI BPHX VSR

Versar Inc.

VSR is small cap biotech company which has a great upside momemtum and short term target $20.

BluePhoenix Solutions, Ltd.

BPHX has great technology in line , testing at 50dma.Long term target $20, And its a buy on pull backs.

Amtrust Financial Services (Revisting)

Good support @ 100 DMA and market correction has made this position a buy Medium term target $25

Next week tech analysis on RUSHA and HEM

NVTL

Novatel Wireless, Inc.

charts looks bullish and enjoy the trend line with 50 DMA. With market correction hope this is buy a this level.

CHNG

China Natural Gas, Inc.

this stock is in uptrend now and it has lot of potential to go.Short term target $10.hope this is way undervalue at this level.

AFSI

Amtrust Financial Services, Inc. (AFSI)

this new born baby has been crawling good, Its not even a year old and hoping to have legs here.

TASR

TASER International, Inc. (TASR)



Nice cup formation with good OBV and MACD raising, short term target is $20

TASER International, Inc. (TASER) develops and manufactures electronic control devices designed for use in law enforcement, corrections, private security and personal defense. The Company makes electronic control devices for two main types of target markets; the law enforcement, military, and corrections market, and the consumer market. For the law enforcement, military and corrections market, TASER manufactures two product lines: ADVANCED TASER M26 and TASER X26 with Shaped Pulse Technology. For the consumer market, the Company manufactures the ADVANCED TASER M18, ADVANCED TASER M18L and TASER X26c devices. All TASER devices are capable of firing various cartridges from the Company's cartridge product line. The cartridge is connected to the TASER device before firing. TASER sells its products directly to law enforcement agencies, military forces, police, corrections agencies and private citizens across the United States.

ICOC & HDY

ICO, Inc. (ICOC)

ICOC has been performing very good recently and broke the recent 52 week and gaining the momemtum with strong Money Flow Index.

Hyperdynamics Corporation (HDY)

HDY has very good pull back recently and shows all signs to break the previous 52 week high $4

Need to work on the other stock scans TASR,RCKY,AEY,AFSI,TBSI,CTB,B,SYNA