NEW BEARISH Plays

Akamai Tech. - AKAM - close: 18.44 chg: -0.99 stop: 20.05

Why We Like It:
Investors were very unhappy with AKAM's latest earnings report and lowered revenue guidance. The stock was hammered for a drop to $16.00. Shares have vaulted back only to reverse after come close enough to fill the gap. This looks like an entry point for bearish positions with clear resistance near $20.00 and its 50-dma and exponential 200-dma. Our first target is $16.25.

Annotated chart:

Entry on    August 11 at $18.44 
Change since picked:     + 0.00   			
Earnings Date          10/29/09 (unconfirmed)    
Average Daily Volume:      10.4 million 
Listed on  August 11, 2009    


Williams Cos. - WMB - close: 16.78 change: -0.45 stop: 17.55

Why We Like It:
Energy stocks are rolling over. It doesn't help that we have a glut of natural gas and OPEC just lowered their demand forecast for oil consumption. WMB produced a big bounce yesterday but it's already rolling over. I'm suggesting bearish positions now with a stop just above the recent highs. Our first target is $15.10. Our second target is $14.10.

Annotated chart:

Entry on    August 11 at $16.78 
Change since picked:     + 0.00   			
Earnings Date          11/05/09 (unconfirmed)    
Average Daily Volume:       5.6 million 
Listed on  August 11, 2009