Portfolio of the Week

[Lyehopper]

Who's running the contest this week?

Thanks everyone for the kind words, I am very humbled by my victory last week .... NOT!!! .... I AM HUGE!!!...lol

Ray, why don't you run it .... then you can set the rules.

My picks (unless there's a rule change)

PARL (long)
PACT (long)

KERX (short)
ANDS (short)

[skiracer]

VTIV - long
STGN - long
TOL - short
I think we'll see a short bounce in the housing stocks in the beginning of the week and by the end of the week they'll be down again for the week. Still holding those Sept. 50 puts on TOL.

[RL]

LYE, I'm really not trying to be a prince [did I spell that right] about things and rules are rules so I will submitt STA as a short play.If I truly had time to do the work on this I would.At the present time I'm the sec. of a fraternal org.
and also a golf league they take almost 30 hrs. a week. Also shorting stocks Is against my nature. So keep up the good work. Everyone appreciates the work and time you are putting In.

[Lyehopper]

[QUOTE=RL] Everyone appreciates the work and time you are putting In.

Thanks Ray .... I do understand being "under the gun" with no spare time. Try this for you short searches ... Find a Stock that has had a big run, the yahoo message board is all bullish on it and everyone posts "strong buy".lol .... and it has a really really low Relative value (RV). A good example is DSTI two weeks ago. Still a good short play I think.

But seriously fellas .... who's in charge this week?... It'll be hard for me to keep score again till (about) Sept.

[jiesen]

this week I'll take:
GFCI.PK long
BIDU short

[jiesen]

[QUOTE=Lyehopper]

But seriously fellas .... who's in charge this week?...

ummmm, not it?

[dmk112]

[QUOTE=jiesen]

ummmm, not it?

IF no one is up for it...I'll volunteer this week... let me know

[skiracer]

I'm banking on CAFE not gapping down too much on Friday, and then start to climb back, to give Spike a run at the end. It all depends on what SEC says, or maybe even not, just the 3 letters scare some people. The sellers have had the stock for over 2 years, why not take a profit, what is in question is the news release.
I can take the contest next week
dru

The only 18 time winner in the history of the game will be the administrator and coordinator and set the rules this week, I presume. Dru, I hand the baton over to you.

[spikefader]

Long VLCCF
Short TASR
for me.

Good luck all.

[Lyehopper]

Long VLCCF
Short TASR
for me.

Good luck all.

Spike, Do you think tankers are about to rally again? What's your opinion of TOPT? December 17.5 or 20 calls?

[diogenes]

Ok, let me try a new model:

Long: ZNT (but I think IVIS might have been a good long, too)
Short: CRDN

[spikefader]

Spike, Do you think tankers are about to rally again? What's your opinion of TOPT? December 17.5 or 20 calls?

Tankers rally?! I don't know about all of them, but some should do nicely. Some charts look great, others not so great. Here are a few tankers I like:

TUG; entry on a pullback to time the corrective wave completion, preferably to a channel long day.
RAMS; young one, but daily channel long recently, bull flag formation, potential 5th impulse coming.
TEU; big inverted SHS on the weekly targeting 25.00ish, weekly channel turn up, great vol by price support, and daily volume, and broken price resistance.
NAT; good weekly count with at least one big impulse left, weekly channel long just occurred. Caveat is a potential SHS, so while neckline holds I'd be bullish.
OSG: as per the chart I did the other day for diogenes here http://img90.imageshack.us/img90/2875/osgaug44hw.jpg

****TOPT: I'm not liking that weekly chart; especially won't like it long if 14.20 doesn't hold. I wouldn't be surprised if it fell to 10.00 this year. Here's the daily chart for ya.

[IIC]

I have UNS short and PCLN long. I would like to add MRKL long...IIC

[skiracer]

Spike, Do you think tankers are about to rally again? What's your opinion of TOPT? December 17.5 or 20 calls?

Lye,
Picked this tidbit up on the newswire this morning:

[Lyehopper]

thanks Spike... you-da-man, love your charts!

Ski, thanks for that tidbit.