Jim's cycle trades

[Jim Smith]

AMD,,,,nice relative strength

my biggest position


also, took WFR long on morning weakness.

[Jim Smith]

SJM....cup and handle b/o on weekly

with a name like smuckers, it has to be good.

[Jim Smith]

PDLI....rounding bottom

no b/o yet, but worth watching....


My seasonality model projects that the OEX will fall to 593 this week....I have been day trading OEX puts with success last two days.


CAMH looks to have a little triple top formed over the last few weeks...I think there's a chance CAMH will move down to $2 and it better hold $1.95....No buys recommended without a close north of $2.60....

[Jim Smith]

OEX 600 puts

long at 5.40.....target is 593

[Jim Smith]

Brazil ready for crash mode

EWZ looks like a great short

[Jim Smith]

SHLD....bear flag

IMO, this is going to drop to $118 near term.....

[Jim Smith]

ELN...long

now is the time....

[IIC]

now is the time....

OK...in mid 15.30's

[Jim Smith]

BMHC....35% short interest

There's going to run this right up a flag pole....

[IIC]

Jim...ELN may be good for a holdover but I will sell...I sold 1/2 for +.18 in the 15.50's...will sell the rest before the close...thx for the idea though...Doug(IIC)

[Jim Smith]

NBR....working on a bull flag

got a Merrill upgrade today....watch 34.20 for breakout

[Jim Smith]

BTU...starting to look interesting

no breakout yet....but, as I said earlier, I think it's completed the five waves down and it's basing....

[Jim Smith]

DXPE reacquired the 200 day

this stock looks ready to rock....

3M can make $80 by year's end
AMD can make $28 near term
SNDK can make $65 near term
DXPE can make $50

[Jim Smith]

GLD...may have bottomed

looks ok here to me

[Jim Smith]

Gold is going to move

Not that anyone here will notice cuz I don't have an avatar equal to Louetta's....However, I bring the goods....I look for the GLD to hit 80+ by the end or March 2007.....