Jim's cycle trades

[Jim Smith]

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.....

[Jim Smith]

IFO building a cup and handle.

[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?

[Jim Smith]

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

[Jim Smith]

$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.

[Jim Smith]

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.

[Jim Smith]

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

[wweeaazz]

Intc

Jim, still long INTC? Thanks

[Jim Smith]

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.....

[Jim Smith]

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.

[DSteckler]

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

[spikefader]

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

So am I. I just bought a laptop from them jejeje

[diogenes]

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

They are going after the gaming market with a lot of focus, from what I understand.
M. Dell has talked with some members of the gaming community about what Dell needs to offer to make them their computers a viable gaming machine. So, that could work out very well for them.

[DSteckler]

They are going after the gaming market with a lot of focus, from what I understand.

That's why they purchased Alienware. It was cheaper to buy them then develop competing hardware (Alienware's systems were favored by gamers over the XPS systems).

[Jim Smith]

NKE is on the bottom of a symmetrical triangle on the weekly chart.....could go either way