2-22-08 Watch List

AKNS - at some support






















Dr. Joe Reed shows that OIL is at resistance



DUG - a possible long play until the 60min 200ema


TEX - at resistance after earning report





















ABH - triangle



LULU



ORB - at trend line

QQQQ Sideways wedge.

I've been watching this chart for almost a week now. You could apply these trend lines to each of the markets. Today on CNBC, someone came on with this wedge - which probably means it will be breaking out shortly.



Another thing this technical analyst said was, when the market his 12,500, it would be bullish. So he called for a break of the 60min 200ema of 12480.70 - guess that's all you have to know to appear on CNBC.