Jim's cycle trades

Gotta be a stock picker now

MRK: I am looking for $49 by Thanksgiving
GRB: I think it can get back to its all time high early 2007
CAMH: Ditto on the all time high early 2007
AMGN: I have a $74 target mid August then higher in October
GLG: I like gold

AMGN....triple bottom

long AMGN today

GRB....long

Loving the action here.....this is a longer term hold....

[peanuts]

Peanuts.... Posting a (marked up) chart with that would have been very nice....

must I do EVERYTHING!?!? Fine, have it your way:



I even added a squigly comment... I just love to see those

[Lyehopper]

Thank you, Jim. What do you think of the possibilities that the action in LRCX was just a gap fill and the price may stabilize here, or even go up?

Peanuts.... Posting a (marked up) chart with that would have been very nice....

[peanuts]

Mentioned MRK long and LRCX short last week.....

Thank you, Jim. What do you think of the possibilities that the action in LRCX was just a gap fill and the price may stabilize here, or even go up?

[New-born baby]

Mentioned MRK long and LRCX short last week.....

LRCX: busted neck on head and shoulders top targets $34. Textbook perfect formation, neckline busted on volume. Excellent call. A real pearl.

Giving you pearls here

Mentioned MRK long and LRCX short last week.....

[mrmarket]

I normally don't trade these but this has a very interesting story....Sales staff is ramping as HMOs approve reimbursement for the test.....

I've owned CAMH before and like it.

MRK....b/o

looks like a huge H/S breakout.

CAMH...interesting bulletin board stock

I normally don't trade these but this has a very interesting story....Sales staff is ramping as HMOs approve reimbursement for the test.....

LRCX...H/S top on weekly chart

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

CCJ broke symmetrical triangle

could have 10 points of downside.

NGAS is breaking down

I would not touch NGAS


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

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?