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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (4957)5/30/2008 10:11:23 AM
From: Jeff Jordan  Respond to of 5125
 
I've started a position in BC (13.5)...will continue buying on occasion until it bottoms, hopefully this year?<g> Missed the last dip buying in QTWW, Taking a hit on HYDG I traded some last peak not enough. Have been loading up on the uncertainty on current news. Took some 100%-200% gains in QTWW.

I'm fishing the Weekend series this weekend...I need to win one and get off my recent slump before I head to Lake Barkley and Kentucky Lake for my last elites this year. I'll be focusing on the AFT Regional Championship on Lake Dardenelle and Nationals on Guntersville after the Dodge BigBass on Sam Rayburn in July.



Brunswick drops as economic woes weigh on sector
Wednesday May 28, 5:42 pm ET
Brunswick falls as economy weighs on sector, but analyst confident in co's long-term prospects

NEW YORK (AP) -- Brunswick Corp.'s stock slipped to a fresh 52-week low Wednesday as the economic downturn continues to weigh on the boating industry, but an RBC Capital analyst said he remains confident in Brunswick's long-term prospects.

The boating sector, along with many other groups, has been squeezed as consumers curb their discretionary spending due to the ongoing housing slump, escalating food and fuel costs, eroding credit and recession fears.

"The company is managing through the downturn by cutting production to bring down pipeline inventory, reducing expenses (head count, wage freezes, etc.) and heavily scrutinizing each of its business units to maximize profitability," Edward Aaron of RBC Capital Markets wrote in a client note.

International markets and non-marine operations are also helping Brunswick combat domestic difficulties, he added.

Brunswick manufactures boats, marine engines, fitness equipment and bowling and billiards products.

Brunswick's stock provides an appealing long-term opportunity, according to Aaron, who believes the company is following through with its business plan despite the current difficult environment.

The analyst maintained a "Sector Perform" rating and $18 price target on the stock.

Shares of Brunswick fell 34 cents, or 2.4 percent, to $14.07. The stock hit a new low of $13.92 earlier in the session.



To: Jeff Jordan who wrote (4957)6/3/2008 10:19:08 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 5125
 
The market is getting interesting again watch bearish sentiment. Crude is falling, dollar is rising...very interesting,

Watch HYDG the next 30 days....risky play with uncertainty however it is extremely oversold on situation, They could sell a couple plants to samsung but they can't currently deliver them that was the goal in annual report so look for some type of financing deal or a buyout?

I'll be leaving Thursday for Kentucky fishing for about 10days then Lake of the Ozarks, I need to win a Weekend Series this year? Then, off to Pennsylvania ...lots driving! Gas $4 gal...yikes!

jordan.in-god-we-trust.com



To: Jeff Jordan who wrote (4957)6/18/2008 10:19:22 AM
From: Jeff Jordan  Read Replies (2) | Respond to of 5125
 


Watch the 70% last chance continuation fib for cross....no bounce @62% fib, not good?
.....this is why you trade the 40 price cross.