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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (21902)	1/24/2007 10:55:20 PM
From: LAWRENCE C.	Respond to of 23958

Sergio H: You're welcome. The January market has been a fickle one. Just when it looked like it had peaked, it got some new life. So far the Fed is getting a soft landing in housing which is great! Still a lot of foreclosures though. On general principle, selling 1/3 of our FRPT which takes our original money off the table for over 200% gain. I think there is a bit of profit-taking going on and it has climbed pretty fast. Steel industry stocks as a group are performing well. MT set a new high 45.98 today. 1 year chart of MT, NUE and X follows: finance.yahoo.com RIO [mining](10/30) +30% CHL [cellular telecomm](11/07) +14% GES [apparel] +12% MT [basic steel] (12/26) + 6.7% MALL [retail computers] - 6% TIE [alloy steel] - 7% Sold CLEC for 65% gain (after comm.) Sold BHE even (+.23% after comm.) B and S AZZ (-20%) It got hit by bad future earnings news.