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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (127501)	12/28/2005 1:27:14 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

ENER........<<What's Up with ENER today>> The TREND, Ray-o-friend....the trend ...which has been ...and remains......strongly UP ..gg Took the liberty of fooling around with your chart...........putting it on a rational semi-log basis, cutting out lots of clutter, etc....so we can get a glimpse of the trend...... btw......no need to thank me.....LOL EDIT....StockCharts screwed me........As a freebie rider, looks like I'll have to start new chart from scratch....Back to you in a minute....gg

To: Galirayo who wrote (127501)	12/28/2005 1:34:56 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

ENER.....Here's my cheapo StockChart....looks good enough....LOL stockcharts.com[l,a]dahlyiay[de][pb50!b200][vc60]&pref=G

To: Galirayo who wrote (127501)	12/28/2005 3:37:27 PM
From: SHAWING	Read Replies (1) \| Respond to of 209892

Edited by Paul Vigna Of DOW JONES NEWSWIRES (call: 201-938-5172; e-mail: paul.vigna@dowjones.com) MARKET TALK can be found using N/DJMT 3:20 (Dow Jones) Energy Conversion (ENER) shares jump on reports its partially owned Ovonyx unit signed a 10-year licensing contract with Samsung (000830.SE). The contract, according to a Korean regulatory filing, gives Samsung nonexclusive use of Ovonyx's PRAM semiconductors. Financial details weren't available. Piper Jaffray analyst Jesse Pichel says Samsung has been developing PRAM for years and its contract with Ovonyx likely indicates Samsung is preparing to enter "volume production." ENER up 19% at $40.55. (CWH) 3:13 (Dow Jones) Nymex Jan gas rallies to $11.70/MMBtu, tracking a nearly $2 crude recovery back above $60.15/bbl. Traders point to concerns about weather forecasts into the New Year amid predictions by the Iranian oil minister that OPEC might cut output when it meets in January. "Natural gas is taking its cue from crude and is being dragged along for the ride," says Citigroup analyst Kyle Cooper. (JEE) 2:59 (Dow Jones) The dollar stages a rapid comeback during the early afternoon in New York, wiping out broad overnight losses and gaining on the U.K. pound and the yen. The rally, a continuation of this week's choppy trading in thin year-end markets, also leaves the dollar little changed vs the euro and Swiss franc from late a day ago. The euro was at $1.1823 from $1.1831 late Tuesday. The dollar was at Y117.80 from Y117.42 and at CHF1.3180 from CHF1.3175, according to EBS. The pound fell to $1.7171 from $1.7271. (RF) 2:51 (Dow Jones) Dynegy's (DYN) asset swap with NRG Energy (NRG) concentrates the company's assets in the Midwest and along the Eastern seaboard, Natexis Bleichroeder says. "We believe this makes the Dynegy portfolio more attractive from an asset sales perspective, which may have been an underlying goal," the firm says. At the least, it's probably a wash financially, the firm says. DYN down 0.8% at $4.86. NRG up 0.8% at $46.13. (PJV) 2:36 (Dow Jones) ThinkEquity calls ChoicePoint (CPS) "our top pick for 2006." The firm anticipates continued strong business trends next year, "particularly within Insurance Services and Workplace Solutions," and also expects P/E multiple expansion "as the pending data breach investigations are resolved and the associated investor concerns dissipate." ThinkEquity looks for '06 EPS of $2.03, EPS of $2.33 in '07 and has a $50 target. CPS up 0.8% to $44.06. (JHS) 2:21 (Dow Jones) Weather extremes, hot or cold, wear on auto parts and spur replacement sales, Piper Jaffray says, which should benefit O'Reilly Automotive (ORLY). "We believe that vehicles are particularly sensitive this winter to extreme cold temperatures," the firm says, after a hot summer and hurricanes in the fall. Piper maintains its outperform rating on ORLY, but raises its price target to $36 from $33. Pegs FY07 EPS at $1.90, which would equal 19% growth. ORLY up 1.3% at $32.26. (PJV) 2:06 (Dow Jones) UBS is taking a cautious stance on steel producers going into 2006. "Potential import pricing pressure is the key reason we remain cautious," the firm says. UBS says early data indicate December imports will top 2.5M metric tons. "We hear anecdotally that sheet imports in good quantity are expected in 1Q," the firm writes, lured by the premium in North America. A decision from the ITC not to protect wire rod producers from imports casts doubt on further government protection. (PJV) 1:54 (Dow Jones) Fund buying enables Comex gold and silver to finish higher, traders say. Contributing factors are softer dollar and firmer crude oil. Feb gold makes a technical breakout when it pokes through highs of $512.10 from Dec. 19 and $512.50 from Dec. 15. After the close but ahead of settlement, Feb gold up $6.20 to $516.30. March silver settles up 12.3c to $8.935. (ALS) 1:48 (Dow Jones) Citigroup upgrades FPL to buy from hold and reaffirms buy on Constellation (CEG), saying "combined company is better than the sum of its parts" with $36B balance sheet, high investment-grade credit rating, strong cash flow and balanced business mix. Outlook suggests both stocks are undervalued, says analyst Greg Gordon. FPL now trades at 12.3 times Citi's 2007 EPS estimate of $3.45 for combined company, while 12-month target price of $48.50 is 14 times 2007 EPS view. Merger savings should boost 2007/2008 EPS by 5% and 10%, respectively, he says. FPL up 0.8% at $41.46; CEG up 1.5% at $57.82. (DGB) 1:33 (Dow Jones) Even though J&J (JNJ) already talked Guidant (GDT) down in price, CIBC still thinks the bid's pricey, and that goes for Boston Scientific's (BSX) proposal too. "We believe the prices being offered by BSX ($72) and JNJ ($63) for GDT are excessive given the mounting legal and compliance problems at Guidant," the firm says. CIBC cuts 2005 and '06 EPS estimates for GDT to $1.90 and $1.65 from $2.04 and $2.26, respectively, "to reflect lower expectations for Pacemaker and ICD growth given ongoing problems with product recalls and quality control." GDT up a fraction at $64.85; BSX off 1% to $24.83; JNJ up a fraction at $60.44. (JHS) 1:19 (Dow Jones) Stock index futures seem to be consolidating after yesterday's big sell-off. A trading source says prices are moving "sideways" about midday, as Mar S&P's struggle to stay higher while Mar Nasdaq shows modest drop. S&P's session high and low separated by just 4.5 points, finding support above Tuesday's low of 1262.70. Recently trading at 1265.50. Mar Nasdaq bounced from its one-week low of 1676.00. Recently at 1681.00. Mar DJIA's session bottom is five points above its Tuesday low of 10815. Recently at 10844. (HLP) 1:15 (Dow Jones) Merrill's bottom line on December confidence numbers is that consumer confidence is improving gradually after tumbling in the wake of the Gulf Coast hurricanes, but finishes nearly flat with the year-ago level (less than one point above). "This is in line with our call that consumer spending growth will be slower next year as consumers struggle under the burden of record debt, negative savings, high fuel prices and rising administered interest rates," the firm says. (JHS) (END) Dow Jones Newswires 12-28-05 1520ET Copyright (c) 2005 Dow Jones & Company, Inc. 15:20 122805