Jim's cycle trades

[Jim Smith]

INFY.....long

India looks strong again......took profits from SNDK and rolled into INFY

[jiesen]

Jiesen, don't disturb Jim...He has no time for humor. he's a serious trader.

Well then, maybe this would be a more appropriate avatar for him.


(I are not serious though)

[jiesen]

Msft

Jim,

Nice call on the MSFT, by the way. Though I don't own any myself anymore, it is my wife's biggest share position... that counts for something, right?

JNJ and MRK are great stocks to own, but again, not for me. I personally find the big pharmas too boring, and prefer the riskier biotech plays for the long-term payoff potential. My biggest positions are in LJPC, AMLN, and GPRO. (2 out of 3 are doing very well so far...)

[IIC]

Dang...did I miss a post warning me that MSFT was announcing today???

[billyjoe]

The good news is I got out of GS @115.93. The bad news , I got GOOGED and it hurts.

-----------billyjoe

[skiracer]

Jim,
what did you think of todays earnings report from MSFT? I bought the Oct. 7 32.50 and 35 calls this morning and am still holding them. Do you think the report was up to par or will be detrimental to the stocks price tomorrow.

[Jim Smith]

MSFT was good enough

I sold MSFT Thursday ahead of the earnings because, I had very good profits, was going golfing Friday and was a little afraid of the sell-the-earnings report that appears to be occurring this quarter.......I thought the MSFT report was good enough and I rebought my MSFT position mid day Friday while on the golf course.....I rebought the Oct 32-1/2 calls for 66 cents that I sold for $1 the night before.....and I have the shares as well again.....I am looking for $35 then $40 this year....

[Jim Smith]

SNDK is still my fav in teck

I think the Apple results will further strengthen SNDK as the demand for flash becomes ever more obvious.

[skiracer]

I sold MSFT Thursday ahead of the earnings because, I had very good profits, was going golfing Friday and was a little afraid of the sell-the-earnings report that appears to be occurring this quarter.......I thought the MSFT report was good enough and I rebought my MSFT position mid day Friday while on the golf course.....I rebought the Oct 32-1/2 calls for 66 cents that I sold for $1 the night before.....and I have the shares as well again.....I am looking for $35 then $40 this year....

This is a good one to keep an eye on over the next few weeks. The option chain has a couple of great opportunities right now at these prices for the Nov. 7 - 32.50 and 35.00 calls. Barcharts rating is also strong on it right now on that top chart.

[Jim Smith]

MRK flying

as I said here Thursday,,,,,JNJ and MRK are triple buys after Cramer puts a triple sell on them.....that guy is dangerous.

[Jim Smith]

F and GM

now is a good place to buy these on the contract negotiations

[Jim Smith]

Cramer pumping SNDK

Of course he's 10 bucks late, but better late than never......Cramer is still a freakin idiot.

[Jim Smith]

UNH....bear flag break down

now an investment grade short, imo.....target is $28 or less off this formation.

[Websman]

Jim...What do you think of ROCM?

Your pal Webs...

[Jim Smith]

ROCM looks kinda boring

recent dip below the 200 day saw immediate buying to bring back above....however, the stock is flatlining....waiting for information I guess.