Jim's cycle trades

[New-born baby]

You forgot something . . . .

no wonder I couldn't win with these oil plays, I was way on the wrong side....I think nat gas can make $6 this summer....look where CHK and APA were when nat gas was $6 in late 2004....ain't pretty.....now it might be time to go long chemicals that were crushed when nat gas was high....maybe Dow or LYO....also, if gasoline is coming down, discretionary spending rises.....thinking casinos and good specialty retailers like AEOS or ANF.

Don't forget Walmart LOL

[Jim Smith]

Major bear flag breakdown in APA....haven't seen anything like this since nasdaq comp in Sept of 2000.....

[Jim Smith]

As I mentioned, one group to watch is the casino stocks......WYNN is close to a major breakout of the November high....could make $70 fast.

[Jim Smith]

GS breakout....my target is $145...long

[Jim Smith]

CY is in a breakout....I believe this can make $24.

[Jim Smith]

PFE breaking a 2 year downtrend today

[Jim Smith]

My Happy Valentine>>>> SPX to 1314 on V-day

[Jim Smith]

Oil is the play imo....And I am not just saying that cuz they're up this morning....long XOM and CHK here....XOM had blowout earnings and CHK had a favorable story in Barron's this week.....According to my work, the february up cycle is about to repeat...We're going to get help from Opec which meets 1/31/06.....

[Jim Smith]

WYNN.....H/S breakout....target is $82

[Jim Smith]

MGM....I believe this will close a chart gap at $42.50 in a week....close to breaking 4 month downtrend

[Jim Smith]

NKE looks like a broadening top to me

[Jim Smith]

ORCT....attempting breakout of what looks like larget H/S continuation pattern....

[Jim Smith]

MEE....coal stocks will rally with nat gas, imo.......MEE is in a 5 point box right now...I expect this to be resolved to the upside taking MEE to $47.50 by the end of the month...I am playing this one with Mar 40 calls.

[Jim Smith]

over 100% invested in oil and gas stocks coming into today....I am huge and I am eating all the finest meats and cheeses on this day.....LOL

[DSteckler]

Smitty, you eat all that meat and cheese and you'll be swimming in oil and gas by the end of the day! <VBG>