Wednesday, July 14, 2010

DO: 65.91 0.58 (0.89%) - Diamond Offshore Drilling, Inc.

My DO follow up - July 14, 2010

DO is still up just before 12PM today and slipped till close. The STO is topped, and MACD widen even, almost hit the top, Price is touch BB Upband, not too much change from yesterday. Still no clear signal for a reversal. The only noticeable is the Volume is down even through the price is up. July 20 is the day for Q2 earning.

According to historical data, market will start to go down by Friday. I still have to keep it till Friday.

DOW hold up the up trend and S& P negative today.

VMW + 3.8%
F: +1.29%
NFLX +1.72%
DO +0.89%

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