Jim's cycle trades

CEPH....love this one

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

Dow 10500 near term

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

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.

some long plays

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

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.

DDM long

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

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.

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.

some biotechs strong

long DNA and CEPH

ERS moving up

through the 200 day ma.....long

[IIC]

enormous short interest being taken out and shot

TZOO is # 59 on the IIC 100

TZOO....mentioned this 2 weeks ago

enormous short interest being taken out and shot

SPG....continuation H/S pattern

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

MWY...Sumner Redstone playing games?

pardon the pun.....MWY doesn't interest me

Too many shorts in this market

If we're heading for SPX 1000, it probably isn't anytime soon....withdrawling earlier call.....