主题：03/23/2009 Market View -- 宁子

Upside:

Play Date: 03/23/2009

AKAM (Akami Technologies--$19.79; +1.66; optionable): Internet services (accelerating/improving delivery of content)

http://biz.yahoo.com/p/a/akam.html

After Hours: $19.65

EARNINGS: 02/04/2009

STATUS: Ascending base. AKAM showed some solid volume Monday with trade coming in just above average as it cracked through the 200 day SMA (19.67) and cleared the recent highs. Want to see AKAM continue higher through the 200 day and we will look to move into positions as it does. We will then see how it tests the move and on a successful test, complete the buy.

Volume: 5.828M Avg Volume: 5.101M

BUY POINT: $19.91 Volume=6.5M Target=$23.89 Stop=$18.52

POSITION: UMU DW - May $17.50c (76 delta) or UMU HD - Aug. $20c (51 delta) &/or Stock

http://www.investmenthouse.com/ci/akam.html

Play Date: 03/23/2009

CMG (Chipotle Mexican Grill--$63.83; +2.72; optionable): Fast food restaurants

http://biz.yahoo.com/p/c/cmg.html

After Hours: $63.83

EARNINGS: 02/11/2009

STATUS: Cup w/handle. After a solid break higher last Wednesday that moved CMB up to the early January high in its 12 week base, it faded back to test on low volume and then bounced modestly Monday. Wednesday it broke through the 200 day SMA (60.80) on that strong trade and this pullback tested that move, tapping it Monday on the low and then bouncing. Not a lot of trade Monday and it might take another day or two to finish the lateral move to form the handle, but CMG looks very good and if it continues higher on a solid volume bump we can move into positions.

Volume: 396.256K Avg Volume: 608.159K

BUY POINT: $64.02 Volume=750K Target=$74.95 Stop=$60.57

POSITION: CMG FL - June $60c (62 delta) &/or Stock

http://www.investmenthouse.com/ci/cmg.html

Play Date: 03/23/2009

ISIL (Intersil Holdings--$12.05; +0.70; optionable): Semiconductors

http://biz.yahoo.com/p/i/isil.html

After Hours: $12.05

EARNINGS: 01/28/2009

STATUS: Test breakout. ISIL broke higher mid-March, clearing the February peak in its uptrend channel. It has since worked laterally in a short ascending triangle over near support at the 10 day EMA (11.50), moving on lower, below average volume. Very nice lateral move that is setting up the next break higher, taking ISIL on a new trajectory toward the 200 day SMA (15.68). Want to see the volume kick back up as it makes the move. Nice set up.

Volume: 2.706M Avg Volume: 3.801M

BUY POINT: $12.41 Volume=5M Target=$14.95 Stop=$11.54

POSITION: UFH GB - July $10c (77 delta) &/or Stock

http://www.investmenthouse.com/ci/isil.html

Play Date: 03/23/2009

MBT (Mobile Telesys--$32.31; +2.98; optionable): Russian wireless

http://biz.yahoo.com/p/m/mbt.html

After Hours: $31.24

EARNINGS: 03/11/2009

STATUS: Cup w/handle. Sure enough MBT bounced off the 10 day EMA (29.05) test, gapping higher Monday. The trade was not great, however and MBT may come back and continue the test a bit more. If it continues on up with rising trade we can start some positions off this move; not going to turn away from a strong break higher. If it drags out laterally some that is fine as well, setting up a better point to rally from.

Volume: 1.967M Avg Volume: 2.325M

BUY POINT: $32.48 Volume=3M Target=$38.95 Stop=$30.21

POSITION: MBT FF - June $30c (62 delta) &/or Stock

http://www.investmenthouse.com/ci/mbt.html

Play Date: 03/23/2009

PCLN (Priceline.com--$82.11; +4.12; optionable): Online ticketing, hotels, auto rentals

http://biz.yahoo.com/p/p/pcln.html

After Hours: $82.11

EARNINGS: 02/18/2009

STATUS: Pennant. PCLN made us great money off the November low, set up again January to February, then gapped away on earnings. After that gap it ran to the 200 day SMA and then started this 3-week test, falling back to its November/February up trendline. Monday PCLN jumped off that test on a good jump in above average volume. It rallied up to the 200 day SMA (now at 81.92) and held there. PCLN looks ready to negotiate a price breakout here, following some surging money flow higher. When it cuts loose it runs like the wind so as it makes the break over the 200 day we will be ready to move in, and if it gives us a test after that we will look to move in again.

Volume: 1.747M Avg Volume: 1.501M

BUY POINT: $82.54 Volume=2M Target=$94.95 Stop=$78.87

POSITION: PUZ GP - July $80c (61 delta) &/or Stock

http://www.investmenthouse.com/ci/pcln.html

Play Date: 03/23/2009

SNDA (Shanda Interactive Ent.--$36.36; +2.43; optionable): Chinese internet services

http://biz.yahoo.com/p/s/snda.html

After Hours: $36.36

EARNINGS: 02/27/2009

STATUS: Test 18 day EMA. Another play that made us money, came back to test, and then shot higher Monday. Very strong volume as it gapped, tested, and then surged to close near the session high. Good action of near support, and this is the first test of its solid breakout, giving us a good point to move in for a new play. Looks ready to surge once more after this breakout test.

Volume: 1.718M Avg Volume: 843.475K

BUY POINT: $36.69 Volume=1M Target=$42.45 Stop=$34.12

POSITION: QKU FG - June $35c (62 delta) &/or Stock

http://www.investmenthouse.com/ci/snda.html