Chris asked about OSI Systems (OSIS)

 OSI is a "Terror play" They make body scanners and already are being placed in Heathrow and Manchester Airports in the UK. Obviously this is a growth industry. They also got a small contract for the winter Olympics and seem to be doing a solid job of signing new contracts on a regular basis. That I like. Everything comes from the sale so from a long term point of view this is a solid play in a growing market.

Chris asked- "What's going happen in this afternoon's meeting?"  Chris I have no idea and I wish I was a fly on the way as they say.

It would make sense though that this company with a strong balance sheet, contracts being signed on a continual basis, one of the best in the market and contacts with Governments this should be a long term winner.

On a Techinical basis it likes to stay close to the 5 day moving average and in general I still am looking for this market to sell off like most. The RSI is sitting at a little over 50 and starting to point down as well as the MACD chances are you are looking at a pullback to around $25-$26. I would see a sell off as a buying opportunity though.

http://stockcharts.com/h-sc/ui?s=osis

Learn more about Techincal trading and check out the books. They should help. Take a look at the subject matter and then Google it. Lots of free articles out their.

Marc Roth