Jim's cycle trades

[New-born baby]

Gene Hackman

PWEI....potential breakout play here..

Has anybody ever told you that you look like Gene Hackman?

[Jim Smith]

Dude, that's tony soprano.....The only I thing I have in common with the Soprano character is we're both in the garbage business.

[New-born baby]

Who?

Dude, that's tony soprano.....The only I thing I have in common with the Soprano character is we're both in the garbage business.

I guess you've figured out that I don't own a TV. Who is Tony Soprano? Besides a garbage man? Never mind: I'll google search him out.

[Jim Smith]

shorting AAPL

[Jim Smith]

AAPL has a date with $55 minimum....slowing consumer spending.....higher interest rates.....AAPL stores will drag on the bottom line the way Gateway country stores dragged on GTW.....AAPL is a survivor but not at this price.

[Websman]

Sure I told you to bite me on the ELN thread, but you still have some great ideas. Keep up the good work dude!

[New-born baby]

I'm with you

AAPL has a date with $55 minimum....slowing consumer spending.....higher interest rates.....AAPL stores will drag on the bottom line the way Gateway country stores dragged on GTW.....AAPL is a survivor but not at this price.

I agree. I shorted AAPL a couple of weeks ago and it worked nicely, but those AAPL buyers came back in in a big way. But the bulls have to be getting tired. That's a lot of weight overhead.

[Adam]

Come on Jim, I got fifty for you if there's a under 50% attendance at the convention......we'll hit the tables?

[Robbb24]

Jim don't give up on COH yet....still looks like its forming a handle in its pattern. Volume trends remain favorable.

[IIC]

I know we don't talk stocks around here cuz we're busy planning a trip to AC where no one will show up ......But PWEI is on a break out mission....I've seen folks spend a lot of on line time planning conventions in the past....And no one went.

Jim...Why do you think nobody will show up??? We made it at a location near where many members live...I woulda preferred a 3 day cruise or Vegas...But I agree that not many would show up to those.

I've set up meets in the past and made them where the most live and there has been pretty good attendance %-wise.

So...Can we count on you being there? I don't think it would be so bad if only 20-30 showed up plus spouses, friends, kids or whoever. I'd love to meet other members...Don't be a downer...I'd like to meet you too...Best, Doug(IIC)

[skiracer]

Jim...Why do you think nobody will show up??? We made it at a location near where many members live...I woulda preferred a 3 day cruise or Vegas...But I agree that not many would show up to those.

I've set up meets in the past and made them where the most live and there has been pretty good attendance %-wise.

So...Can we count on you being there? I don't think it would be so bad if only 20-30 showed up plus spouses, friends, kids or whoever. I'd love to meet other members...Don't be a downer...I'd like to meet you too...Best, Doug(IIC)

Doug,
He has to show up now. Me and Adam took him up on that bet. I want and need that $50.

[Jim Smith]

I think this rising interest rate environment is going to put a kink in the usual 4 year presidential cycle which generally indicates strength into April/May....

JOYG....short

[Jim Smith]

where do you go when you feel the Dow is headed to 10,000? I think you short brokerage stocks.....

[Jim Smith]

IFN....carved out a perfect technical top at $53 which I mentioned was the target here.....this ETF sells for substantially more than its NAV....the short entry was Friday of course, but another 10 points down won't surprise me....I am a buyer there....Remember, markets are more correlated when they fall than when they rise.

[Jim Smith]

FWLT....carving out a symmetrical triangle.... downside break yields 10 more points...