Jim's cycle trades

[Jim Smith]

CAMH...the industry is hated....GE is trying to do a back door on their patents....not all of the insurers have jumped on board for reimbursement....Doctors still have not adopted this test enmasse.....There's a lot of risk here.....I suspect its dead money for the summer now....Watch for any close above that double bottom at $2.11

[Jim Smith]

Not surprised the Dow Jones can't rally....We broke back into the weekly channel and we're too close to the top rail to rally much....There's no way we're going back into the accelerated phase so we have more downside ahead just to have room in the channel to rally back too.

[Jim Smith]

Nasd comp broke trendline back to October 2002....I consider this pretty major.

[Jim Smith]

Just day trading now

It's jungle warfare at the moment.....Real hand to hand combat.....I've been happy taking down $600 to $800 a day with quick intraday trading.

[Jim Smith]

JNJ....cup and handle breakout

looking for $63.50

[Jim Smith]

JNJ....gotta pound the table

Pull up a chart going back to April 1st 2005 and connect that high with the peaks in 2006....that downtrend was broken and recently tested with a little pullback to the mid $59s......I like this stock chart and it's a defensive play.

[Jim Smith]

Not much room to bounce

The Dow Jones is too close to the top rail of the old weekly channel....Much of this oversold nature of the market will be relieved with sideways action into late June when we'll dive again into the Fed meeting.

[DSteckler]

JNJ stopped cold at its 200DMA.

[Tatnic]

JNJ stopped cold at its 200DMA.

sure is hard to get excited about a mega-cap pharma with a puny dividend. I might recommend it to my grandmother, but she's dead.

[Tatnic]

Pull up a chart going back to April 1st 2005 and connect that high with the peaks in 2006....that downtrend was broken and recently tested with a little pullback to the mid $59s......I like this stock chart and it's a defensive play.

Jim...I'm surprised at you. You've come up with much better plays than this. But I could be too impatient...its about time for the entire health care sector to come to the damn party.

[Jim Smith]

IFO....rocked

Mentioned this last week around $18.....

[Jim Smith]

IFO was a pearl

It's up 8+ in this lousy market since I mentioned it and my thread is on the bottom of page two....LOL....what 's the use of posting????

[jiesen]

Jim,
Your picks rock! You are Awesome!!!

[spikefader]

...what 's the use of posting????

I've heard therapy can help the frustration you feel. Maybe the new doc can recommend someone. jejeje

[RL]

Jim I think your picks are great. However My post #574 on your thread I ask If IFO was at a good place to buy your ans. on post #575 was no good place to buy IFO ?