Jim's cycle trades

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  • PAL....looks to be trying to break out of a falling flag pattern....$14 is the target.....

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    • SKS....don't forget $4 special dividend for holders of APril 14....I expect a run to recent highs into that dividend.

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      • BID....on its way to $28...

        MGM, nice move......giving you pearls on this site.

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        • YHOO.....picked up 2000 shares yesterday and catching an upgrade.....finally a good break goes my way....IMO, the shares repeat last year's move at this time....That is it gets to $35 by early April, then $39 early June......these analysts use TA as well as fundies but most won't admit it.

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          • TASR is looking like a nice little cup and handle here.....

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            • GIGM.....long....I don't generally like to buy preopen but had to dip a toe in

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              • CAMH is a $10 this year, IMO>>>>>they're product for determining who may need a implantable defribilator won reimbursement from medicare....now doctors have incentive to invest in the machines and do the tests.....this is a one off move, imo.....meaning, once the docs have the machines, there's not much revenue from the consumables to keep the stock soaring......the money is made now on the initial ramp of equipment buying.

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                • CMED.....completed a secondary today.....picked up shares in the low $28 area....

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                  • LLY....setting up a cup and handle.....we're at resistance right here.

                    PAL continues firm with palladium breaking out....

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                    • TWPG....long

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                      • Originally posted by Jim Smith
                        TWPG....long
                        Tower Group is OK, but I like MIG a little better.

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                        • TWPG....Thomas Weisel partners group

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                          • SOSA....this is my early hurrican season call.

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                            • JOYG....negative MACD divergence......shorted above $60

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                              • BUCY.....shorted at 71.44

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