Jim's cycle trades

[Jim Smith]

telephone equipment redux.....I am reading this book entitled "confessions of a wall street analyst". Basically it talks about analysts becoming rock stars as wall street firms needed them to secure banking relationships with foreign telecom companies seeking to go public. We saw what happened when a slew of telecoms found themselves with $$$ looking to spend: CSCO, TLAB etal soared....Now we have telecoms stengthening again, I don't know why....But I am playing the equipment plays ie PWAV on a hunch India and CHina are spending big time.

[Lyehopper]

Won't you give us a pick in the POTW this week Jim?.... Long or Short.... We'd love to have you play.

[Jim Smith]

Dow Jones appears to be forming a megaphone.....beware the megaphone.

[Rob]

Rukeyser

What ever happened to Louis Rukeyser?

I used to love watching Rukeyser. His stupid puns were awful, but somehow they were okay when he said 'em. The only thing I didn't like on his show was the dwarves or the elves or whatever they were.

[Gatorman]

Originally Posted by Lyehopper
What ever happened to Louis Rukeyser?

Whatever it was, it was medical in nature. As I recall, they said on his show that he was scheduled to have back surgery and would be slow in recuperating. A series of guest hosts replaced him for awhile.
Then they indicated he would not be returning to his show. I, too, enjoyed his shows, especially the panel of guests which included some of the best Wall Street had to offer such as Cohen, Birinyi, Marsden, etc.
The PBS replacement has little to offer.

[Jim Smith]

IGT....put this short back on....feels better this time around

[Jim Smith]

CLF...long at 91.90

[Jim Smith]

thinking there's pain ahead for casino stocks.....shorted HET ahead of earnings on the intraday test of the 20 day ma.....

[Jim Smith]

OATS....shorted.....thinking it closes the chart gap before moving again

[Jim Smith]

SGMS short.....tight leash

[Jim Smith]

YRCW....long....could rally 10% fairly quickly

WLP & UNH....long both

[Jim Smith]

JNJ speculation.....March 60 calls at 40 cents.

[Jim Smith]

IFN....pennant formation....$53 target on a breakout.

[DSteckler]

I sold IFN last week and moved over to IIF. Wish I had stayed in IFN.

[Jim Smith]

CVS....long