主题：04/16/2009 Market View -- 宁子

Play Date: 04/16/2009

AKAM (Akami Technologies--$20.34; +0.63; optionable): Internet infrastructure

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

After Hours: $20.21

EARNINGS: 04/29/2009

STATUS: Ascending triangle. Taking another run at AKAM as it bounced back off the lower trendline and the 200 day SMA (18.33) and is now holding over the 18 day EMA and the upper trendline to the 5.5 month base. It wasn't ready to move to start April, but it has held the pullback, made a higher low and is in great position to make the next break higher.

Volume: 3.348M Avg Volume: 5.68M

BUY POINT: $20.62 Volume=7M Target=$24.88 Stop=$19.18

POSITION: UMU HD - Aug. $20c (60 delta) &/or Stock

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

Play Date: 04/16/2009

CTSH (Cognizant Technology--$23.37; +0.89; optionable): Business software services

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

After Hours: $23.37

EARNINGS: 05/05/2009

STATUS: Test breakout. Long time coming back around. Broke higher out of a 6 month consolidation to start April. Rallied near 24 and then is testing back this week. Tapped the 18 day EMA (22.17) on the Wednesday low and rebounded. Gapped higher Thursday and held the gain. Like the hold of the 200 day on the test and ready to move in as CTSH continues the move higher after breaking and testing that key resistance. Money flow is surging higher ahead of price and CTSH looks set to follow it.

Volume: 4.804M Avg Volume: 6.733M

BUY POINT: $23.56 Volume=9M Target=$26.95 Stop=$21.94

POSITION: UPU GS - July $22.50c (62 delta) &/or Stock

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

Play Date: 04/16/2009

SNDK (Sandisk--$14.43; +0.88; optionable): Semiconductors, flash drives, etc.

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

After Hours: $14.33

EARNINGS: 04/21/2009

STATUS: SNDK broke through the October low and gap down point last week, finally clearing that important resistance that stopped it three times this year. Strong volume as SNDK gapped higher last Friday, then volume faded to well below average as it tested back through Wednesday. Volume jumped back above average Thursday as SNDK jumped higher off this test. New higher high on this move and looks solid to make a run into earnings next week.

Volume: 8.213M Avg Volume: 7.375M

BUY POINT: $14.57 Volume=9M Target=$19.77 Stop=$13.32

POSITION: SWQ GP - July $14c (63 delta) &/or Stock

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

Play Date: 04/16/2009

VSEA (Varian Semiconductor--$22.72; +0.48; optionable): Chip equipment

http://biz.yahoo.com/p/v/vsea.html

After Hours: $22.72

EARNINGS: 04/30/2009

STATUS: Pennant. Nice break higher to end March as VSEA cleared a 5 month base. Rallied through the 200 day SMA (23.06) but then it dumped back last week. Held the 18 day EMA (22.01) and is working higher the past week, forming the pennant. Some good upside volume Tuesday, a nice high 'get ready' spike. Okay, so we are ready, waiting on VSEA to break the short down trendline in the pennant and give us the buy point for a run toward its earnings.

Volume: 856.907K Avg Volume: 1.274M

BUY POINT: $24.12 Volume=1.7M Target=$27.48 Stop=$22.43

POSITION: UES HX - Aug. $22.50c (61 delta) &/or Stock

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