Jim's cycle trades

[Jim Smith]

MAGS....weekly chart shaping up to be a double bottom

[Jim Smith]

AAPL....shorting it into the ground

MHS broke out of what appears to be a symmetrical triangle.

[skiracer]

Just sold those CSCO March 20 calls at .85. In at .35 out at .85. Nice trade over 24 hrs. Thanks Jim for bringing them to my attention.

[Jim Smith]

I think the nasdaq has seen a near term top.....I believe we'll go down and test that trendline from the 4 year lows around 2125 on the comp.

[New-born baby]

Sti

Just sold those CSCO March 20 calls at .85. In at .35 out at .85. Nice trade over 24 hrs. Thanks Jim for bringing them to my attention.

Yes, Jim, Nice Call! Now please post a few more. How about STI? $75 calls.

[Jim Smith]

AAPL has issues, imo....I think those who wanted an Ipod have one....heck, I have two and I am no early adopter.

[Jim Smith]

PWAV is one I like.....going to do good business in CHina and India

[skiracer]

Jim
Your avatar. Is that you or a picture of John Erlichman from the Nixon administration. Looks alot like Erlichman.

[DSteckler]

Geez, Ski...don't you ever watch HBO? That's Tony Soprano.

[Jim Smith]

LOL....I can assure you, I don't look like Tony Soprano or that Avatar for those of you without HBO.

[skiracer]

Geez, Ski...don't you ever watch HBO? That's Tony Soprano.

Dave,
I'm probalby the only guy in the United States that has never saw one episode of the Sopranos. Now that you mention it I do recognize the actor.
Some of my best friends have an are living the reality so the show doesn't hold that much interest for me.

[Jim Smith]

OVTI getting dismantled ah.....sticking with my though that we've seen a short term top in the nasdaq.....2125 to 2130 is my downside target.

[Jim Smith]

Dow Jones target is 10200 over the next two months, IMO.

[Jim Smith]

APA long for a trade.....tight leash

[Jim Smith]

MAGS....long....breaking out of long base