EQUITYOPPORTUNITY

Monday, April 02, 2007

Some hits, some misses...

Misses: MSFT(-0.47%); Consolation- lower volume than the previous day; maintain BUY.
INTC( unchg); HOLD
AIG(-0.10%) ; Same comment as MSFT; maintain BUY
XOM(+0.94%) ; Maintain SELL, as top could be still forming.
GE(-0.20%); Maintain BUY; as the low-volume drop has brought it closer to a major support at close to the 200-day MA of $35.Downward cross of Stochs indicator a cause for concern though.
JNJ(-0.27%); Maintain SCREAMING BUY; much lower volume than previous days' prices.Bullish divergences remain.


Hits: HD(+0.14%);Reaffirm technical picture;SCREAMING BUY
BA(-0.09%);Change call, courtesy of doji on 020407 lying on uptrend line;BUY
T(+0.08%) ; Reduce to HOLD.

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