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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (35)12/19/2001 9:36:45 PM
From: Jimbobwae  Read Replies (1) of 16631
 
Dave Welcome back, its good to see you posting again.......

Concur with your WM call I sold today on the rise after entering yesterday morning on the positive news re: the housing starts. Will look to re-enter tomorrow thinking it could run to 35. Also was featured in recent Fast Company article highlighting their acquisition skills.

Also sold out of VLO from 34.85 looking for re-entry tomorrow, anticipating it can run to 39 area again...Gas is too cheap and will rise into the spring this stock is a good one for its lag to the XOI and OSX. Trades slow which is nice too.

Third idea is to check out some retails. I sold out of ANF today too after entering yesterday. A better pick would have been AEOS. AEOS has more beta but went to the mall and AEOS was dead while ANF was hopping.........

Energy stocks will be bobbing due to ENE fallout and restructuring and fear of debt in the sector. Agree with Softechie on DYN,MIR and NRG. Was in MIR for 1 of its 2.5 points today.

Check out SGR although fear of financing of new plants in the sector seems to have pinned them down even though they have huge backlog....nice bottom being put in on PnF chart....The energy crunch will come again.

Another play here is FWC looking at this to finish consolidating at its lows.
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