JH:" Reuters ? "
...total gamble, roll 'o the dice and all that (^_^)
RE:" OSX.X " ...doji evening star on the weekly chart causes me to be careful this sector, John; I'm not sure if the rig count has kept pace with the rise in CL99_ - Crude Oil Futures. If I had SLB HAL BHI SII etc. right now, I would be inclined to simply "hold".
Oil prices I expect to climax and then decay - at least, I hope it does {grin} Else, could be inflationary to PacRim -? I don't understand OIX.X/CL99_ and XAL.X - Airlines right now; one would think that XAL.X sector earnings would take a big hit as a result of oil price inflation, despite the fact that the U.S. carriers are stuffed with passengers -?
>What so you think of INTC hitting a new top prior to earnings ?
...I'm bullish on INTC for 2 weeks, John. I'm watching AMAT closely; it's either a breakout or, a climax before the entire SOX.X tanks. In the past, the TechSpaetzles tended to have huge, but isolated, climactic bursts during earnings churnings, then collapse (sometime in July?) QTR-3. I hold all 8 TechSpaetzles in my CORE; if I were to (trade) bet on one now, it would be DELL/GTW or, believe it or don't... AOL.
core structure, +40% ytd :
IBM MSFT INTC AMAT DELL SUNW CSCO AOL
T LU WCOM NOK DT BTY
WMT HD BBY TWX FDX
MRK PFE SGP AMGN BGEN
C STT MWD SCH EGRP
YTD activity: sold EMC+, NTT+, SWY-, WAG-, BRK.B-, CMB+, AOL+; added FDX; re-bought AOL; about 5% cash right now - looking for 1 more candidate (to make 30 stox) but in no rush.
recent Weekly-Trading: sold 90% WMT position @ +10% gain, "profit shares" remain along with DUK (did the same thing with DUK, +10% gain + 1 DRIP), now 65% cash. I've been using this (IRA) account to accumulate "free" shares in bellwethers SPY GE IBM T WMT MRK C DUK by long-scalping and/or DRIP dividend capture, using "rotation" a la TraderBerney. Considering F next -?
Day-Trading (gambling ;-) sold T for fractional gain; bought RTRSY stock on decline to 200d EMA; considering DELL or AOL next -? I have not been trading for awhile, so just coming back into the swing of things, John.
-Steve |
