Jim's cycle trades

[Jim Smith]

no, news on PRKR.....my friend at Merrill called his stock loan department, they said there's no PRKR available for shorting.....so, my guess is we saw a short covering rally

[Jim Smith]

FOXH seems to be breaking out here.

[Jim Smith]

GOOG....it seems obvious that we've seen the bottom, at least near term.....now we're above the 100 day moving average.

[Jim Smith]

GOOG....for those interested, try to buy around Wednesday's low.....IMO, Friday's employment number will be all about nothing and the general market will rally.....GOOG should be good for $420 Friday

[Jim Smith]

SWIR.....moving above the 50 day....long at 12.25

[Jim Smith]

CAMH.....we successfully tested the recent lows, so far.....the safe play would be to buy above $2.39 and even $2.52......But, I believe the bottom is in and I am buying more here.....NIce article in businessweek on line saying how patients are afraid of these implantable defribilators and how doctors will order every test in the book to show whether the patient will benefit or is at risk of sudden cardiac death....

[Jim Smith]

MOT....this is the next AAPL.....mot lets NOK have the low end of the market....MOT is the innovator.....I believe MOT goes to $39 this year.

[Jim Smith]

CSCO....not yet.....let this come in more.....$20.30 is your buy point.

[Jim Smith]

time to pull in the horns.....this stock market likely to weaken into earnings season, IMO.....watching CSCO as a tell.....

CAMH is a buy with a stop below $2.11

[Jim Smith]

I am here to tell you don't be surprised if the S&P doesn't suffer a Soprano style knee capping taking it down to the 200 day moving average over the next 2+ weeks.

[Jim Smith]

VIX breakout.....I am betting that the VIX makes 18+ near term.....I expect the SPX and Dow to tag their 200 day moving averages near term

[gerihearne]

mot

MOT....this is the next AAPL.....mot lets NOK have the low end of the market....MOT is the innovator.....I believe MOT goes to $39 this year.

Jim, anything change in the last few days .. do u still feel MOT is a solid buy?

Graciously,
Geri

[Jim Smith]

yeah, MOT is a very solid buy....if the market tanks as I expect, then MOT can fall to 22.25....buy a little MOT here and a little on any pullback due to market weakness.....NOK's report spells good things for MOT, imo....higher ASPs for a company making a commodity style phone? That's ringing the dinner bell for MOT, imo....MOT is the AAPL for 2006 because the innovator should benefit the most from a demand for higher quality phones, imo.

[gerihearne]

thanks

Thanks Jim. You have a lot of ideas on this thread.
I've been trading 6 months. Looks like this is a good time to buy
Warmest,
g

[Jim Smith]

PENN....long.....I may have made a mistake closing PENN as my POTW.....BEBE came through in the clutch last week and I think it's entirely possible that PENN will come through as well....this could run to $48, this week.