Jim's cycle trades

I'm concerned about DELL's decision to aggressively cut prices.

Dell is getting a move up on earnings, this all about options expiration, IMO.....

AMD,,,,gets a bump, I'd sell it...

Look at the weekly chart on the Dow and draw some trendlines....there's 700 points of risk here.

INTC.....not long......

MRK looks good long ......

IFO was a 20% gainer in two days,,,I mentioned here Tuesday..
This market is about to implode.....

Intc

Jim, still long INTC? Thanks

IFO.....I mentioned here Tuesday as a cup and handle forming.....it was up 9% Wednesday on a hugely crapy day.....

JNJ....also, both of the bottoms over the last several months held above the 200 week moving average .....couple that with the broken downtrend line and I believe we'll see $65......Goldman sachs said fair value was $70 today.....all of a sudden, JNJ is looking like a safe port in the storm.

$tnx....well, trying to predict a countertrend rally is fraught with danger.....IE that call on the TLT of mine sucked out loud.....I am watching and playing the drug group because money can't leave the market entirely and these stocks don't need a strong economy to flourish.

JNJ....long here....In fact, I believe the drug group is turning....that MRK chart also shows promise......

[dmk112]

JNJ breaking a 1+ year downtrend.....looks interesting to me

I think this thing has bottomed, although would like to have that 2nd bottom come down further...we'll see... you long?

IFO building a cup and handle.

Looking for the $TNX to test the breakout yield at 4.80% over the next three weeks....I believe we'll see the Dow make a move for its high at 11800.....

Resistance ahead at 61, Smitty, the 200DMA.

JNJ breaking a 1+ year downtrend.....looks interesting to me

When goog could not hold its last spike above $400, I sold my remaining shares. No regrets...after all, you can only fit so much shit into a 5 lb. bag. No way goog's market cap keeps expanding like the universe.

That's what I thought you meant.

For those unfamiliar with the term, "embedded bond" refers to callable bonds, putable bonds, structured notes, convertibles, caps, and floors. The option feature is embedded into the bond.