Jim's cycle trades

[IIC]

enormous short interest being taken out and shot

TZOO is # 59 on the IIC 100

[Jim Smith]

ERS moving up

through the 200 day ma.....long

[Jim Smith]

some biotechs strong

long DNA and CEPH

[DSteckler]

Looks like it broke above the neckline....could have 10 to 11 points upside.

Broke above it a few days ago but the bias is shifting towards a pullback.

[Jim Smith]

Amgn

this stock has gone on nice runs starting in early July in 2002, 2004 and 2005......In 2003 is was caught near a top......Which way will 2006 go for AMGN? The BBH broke a downtrend back to December....I am watching AMGN closely.

[Jim Smith]

DDM long

watched as the S&P held 1270......I think we can rally firmly.....also, long AMGN and DNA

[Jim Smith]

DDM....closed

The weekly dow chart shows we rallied back up to top rail resistance......Took profits in DNA and closed AMGN for now.....only long CAMH for now.....had a great morning.

[Jim Smith]

some long plays

ARE, UNH, MDT, CAMH, ALL, MET, STA, SPG.......long CAMH

[Jim Smith]

CAMH....too legit to quit

Humana agrees to pay for CAMH's heart test today.....CAMH hires a VP of sales and marketing yesterday....Now they're looking to hire a manager of accounts receivable in anticipation of greater sales.....It's time to get on board.

[Jim Smith]

Dow 10500 near term

broken bear flag....see DJI heading to bottom rail on weekly chart, fast.

[Jim Smith]

CEPH....love this one

CEPH is acting so well....looking for $76 near term.

[wweeaazz]

Ngas

NGAS looks good here i think. Does this fit your criteria for a cycle trade? Considering what it has done in the past from July through the end of year?

[Jim Smith]

NGAS is breaking down

I would not touch NGAS


I am short LRCX and CCJ.......long CAMH

[Jim Smith]

CCJ broke symmetrical triangle

could have 10 points of downside.

[Jim Smith]

LRCX...H/S top on weekly chart

Target $27.50....Earnings mid day Wednesday.....I am short.