Jim's cycle trades

[Jim Smith]

BID and SGP are new longs......targets are $28 and $21 respectively

[RL]

Jim thanks for DXPE looking good right now

[RL]

Jim just bought SGP what Is your take on CELL

[Jim Smith]

CELL looks pretty good....I see this stock has a tendency to consolidate for fairly long stretches.....it might be nearing the end of its current consolidation....

[Jim Smith]

BOT.....long.....

[Jim Smith]

SINA....breaking a two + year downtrend on solid volume

[Adman]

BID and SGP are new longs......targets are $28 and $21 respectively

I have been very, very bullish on SGP for some time now. I am in three times in the past 5 weeks for a cost basis of 18.46.
I have a mid-year target of 23.
Additionally, I have 50 of the April 20 calls, which I got at a dime. Anyone who gets into Schering now, will be a very happy player come summer.
As I stated several times: This is my only, serious US pharm play out this year.

DISCLOSURE: Obviously, I have an interest in SGP.

[Jim Smith]

ERS....nice symmetrical triangle breakout

[DSteckler]

Nice one, Smitty. Wish I hadn't sold it a few weeks ago.

[Jim Smith]

PALM....worth watching for a long side play....tried for the triangle breakout but turned back....

[Jim Smith]

on the lookout for a possible significant reversal here in the major indicies.....maybe all the way back to the January lows.

[DSteckler]

on the lookout for a possible significant reversal here in the major indicies.....maybe all the way back to the January lows.

The SPX is making two consecutive outside days...very bearish.

[Jim Smith]

CAMH received approval for medicare reimbursement for the cardio test......I am expecting this stock to triple by the end of the year.

[spikefader]

Hey Jim, when did that buddy of yours advise buying CAMH?

I see it's dropped 30% in 2 days. Do you own this?

[Jim Smith]

I do own CAMH.....MY friend from Merrill told me about it when it was about a buck.....he says look for $10 by year's end.....this is a stock of the year candidate