Jim's cycle trades

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  • Jim Smith
    Guest replied
    12 handle for Ford

    you wanna be on this stock......
    GS is a buy and hold forever play.....
    BGC is a quarter end buy play
    GM to $42
    GE to $42
    MRK to $60

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  • Jim Smith
    Guest replied
    GE: place buy orders at $37

    target is $42 by thanksgiving.

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  • Jim Smith
    Guest replied
    MRK looks good

    nice bounce off the 100 day.....been hearing pipeline is solid.

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  • mrmarket
    replied
    Originally posted by Jim Smith View Post
    by Goldman Sachs.......Mentioned this as my dow play of the year.....
    I agree with Jim here...revenue growth looks solid. They could be out of the woods, and the dividend is sweet.

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  • Jim Smith
    Guest replied
    GM gets upgrade

    by Goldman Sachs.......Mentioned this as my dow play of the year.....

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  • Jim Smith
    Guest replied
    GM looking good

    it's my favorite dow play.....I've read plenty of headlines saying it's a bankruptcy waiting to happen....I like this negativity....GM can make $55 in 18 months, imo.

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  • Jim Smith
    Guest replied
    looking for SPX 1580

    by the end of June.....CLF and ATI could be strong as funds bid up what worked during the quarter.....1580 on the SPX is the top of the channel.

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  • Jim Smith
    Guest replied
    Ati

    may be ready for an end of quarter run back to old highs.

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  • Jim Smith
    Guest replied
    Gm

    My favorite dow stock.....I think there's decent news coming on a couple fronts.....unions and interest rates....

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  • Tatnic
    Guest replied
    Originally posted by skiracer View Post
    When I was a kid about a year out of high school after my Baja experience a buddy of mine got the idea to go down into Kentucky and Tennessee to pick wild hemp along the hedge-rows. He had gotten some from someone he knew who had supposedly picked a few hundred pounds of it and then brought it back to NJ and sold it making a few thousand profit. 5 of us went down in late Mid October and it was like another planet in Kentucky. Anyway we drive around for a few days looking things over and we spot a bunch of nice spots where it is growing wild and in abundance. We pick for a couple of nights in the early morning, 2 to 4/5 am, and have a few sacks filled to the brim in the trunks of two cars we went down in and only have about enough room for a little bit more. We go out that last night and are picking it and smoking it and a pair of car lights come on and takes us completely by surprise. I mean they were right there on top of us when the lights came on and we all must have thought of the same thing and we jumped into the cars and took off. We were speeding down these dirt farm roads only wide enough to handle one car at a time when I heard the first shot go off and the whole back window of the car we were in blows out. My buddy driving never took his foot off the gas and we did manage to get away but not before they took about 3 more shots at us. The only thing that saved us was that they were premature in turning the lights in their pickup truck on and that they were in back of us and the dust was so thick that they had to slow down and couldn't see us anymore because of the cloud of dust. It was the first time I had ever been shot at. We stopped only long enough to get our gear out of the hotel room where we were staying an to get out of Kentucky. We drove all the way home without the window and the car was peppered with buckshot pretty good on the trunk door.
    No one down there called it marijuana. They all called it hemp. Apparently they had a problem with northerners coming down there and harvesting it for resale up north. We had no idea of what we were walking into. We brought back a few hundred lbs. of the hemp which looked just like the real bud.
    When i was in college, I had a bush growing in the back yard which I fed cat shit and made everyone pee on it who happened to be at the house partying. It got so big that people thought it was a pine tree. I don't recall how potent it was, just how big it was. It wasn't until later that I learned that in order to promote bud growth, you need to supply phosphorous, not nitrogen.

    If I recall, Woody Harrelson (woody from Cheers) is a big proponent of industrieal hemp production and he's from kentucky....I'm guessing you stole someone's industrial hemp supply.

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  • skiracer
    replied
    Originally posted by Tatnic View Post
    its too bad that we can't grow industrial grade hemp...it would take an acre or so to get you high, but there's a ton of fiber in that acre, along with industrial grade oils and resins. I suspect you could even make some low-grade ethanol out of it. I've got a better idea, lets subsidize sugar farmers and get americans fat and unheathy, that's better for the economy, right?
    When I was a kid about a year out of high school after my Baja experience a buddy of mine got the idea to go down into Kentucky and Tennessee to pick wild hemp along the hedge-rows. He had gotten some from someone he knew who had supposedly picked a few hundred pounds of it and then brought it back to NJ and sold it making a few thousand profit. 5 of us went down in late Mid October and it was like another planet in Kentucky. Anyway we drive around for a few days looking things over and we spot a bunch of nice spots where it is growing wild and in abundance. We pick for a couple of nights in the early morning, 2 to 4/5 am, and have a few sacks filled to the brim in the trunks of two cars we went down in and only have about enough room for a little bit more. We go out that last night and are picking it and smoking it and a pair of car lights come on and takes us completely by surprise. I mean they were right there on top of us when the lights came on and we all must have thought of the same thing and we jumped into the cars and took off. We were speeding down these dirt farm roads only wide enough to handle one car at a time when I heard the first shot go off and the whole back window of the car we were in blows out. My buddy driving never took his foot off the gas and we did manage to get away but not before they took about 3 more shots at us. The only thing that saved us was that they were premature in turning the lights in their pickup truck on and that they were in back of us and the dust was so thick that they had to slow down and couldn't see us anymore because of the cloud of dust. It was the first time I had ever been shot at. We stopped only long enough to get our gear out of the hotel room where we were staying an to get out of Kentucky. We drove all the way home without the window and the car was peppered with buckshot pretty good on the trunk door.
    No one down there called it marijuana. They all called it hemp. Apparently they had a problem with northerners coming down there and harvesting it for resale up north. We had no idea of what we were walking into. We brought back a few hundred lbs. of the hemp which looked just like the real bud.

    Leave a comment:


  • Tatnic
    Guest replied
    Originally posted by skiracer View Post
    What a coincidence Ernie. I love it too.
    its too bad that we can't grow industrial grade hemp...it would take an acre or so to get you high, but there's a ton of fiber in that acre, along with industrial grade oils and resins. I suspect you could even make some low-grade ethanol out of it. I've got a better idea, lets subsidize sugar farmers and get americans fat and unheathy, that's better for the economy, right?

    Leave a comment:


  • skiracer
    replied
    Originally posted by mrmarket View Post
    POT was HUGE. I love POT. Too bad this administration is backing ethanol. What a waste of energy!
    What a coincidence Ernie. I love it too.

    Leave a comment:


  • skiracer
    replied
    Originally posted by mrmarket View Post
    POT was HUGE. I love POT. Too bad this administration is backing ethanol. What a waste of energy!
    What a coincidence Ernie. I love it too.

    Leave a comment:


  • mrmarket
    replied
    Originally posted by Jim Smith View Post
    I reasoned out POT in the middle of the summer saying the increased demand for corn would cause an increased demand for fertilizer.....the stock was $94 at the time.......
    POT was HUGE. I love POT. Too bad this administration is backing ethanol. What a waste of energy!

    Leave a comment:

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