PS I have read that fuel costs (and also gasoline) may go down as soon as the stategic petroleum reserve is full, and it is within a few months of being full. They have like 650000 barrels of the 700000 barrels they need. Also the ship that was sunk at the mouth of the Mississippi in New Orleans held up tankers that were unloading at that port for refineries in the area. It SHOULD get better.

 
No. I never did short any airlines. I am sort of convinced that the best way to short something may be a small position in put options. The action is faster and bigger but more rewarding and without borrowing any money from the broker. Maybe I am wrong. I still see problems for the airlines. In fact how can they do as well as they are even doing with fuel at this record highs and labor getting the pay they get. Even the baggage handlers make over 20 an hour plus health plus retirement, plus all the free and cheap tickets plus all the food and little booze bottles off the planes. And they get double time on holidays plus like triple or quadruple time if it is at night on holidays. I have talked to some of them. Grass looks pretty green to me.

 
Sold Lucent, Sun Micro, and JDSU yesterday to lock in profits and start to reposition and change with the change of the market. Tom, did you short any airlines? More talk today on how oil prices are going to hurt them. Data storage had a nice run last year if I remember correctly but the stocks I remember were ones like Seagate, Maxtor, ect...

 
TC2000 training class in town March 12th - anyone interested? Bert, have you ever gone to this?

 
Bought some BTX on a good looking chart today FYI. Otherwise, thinking of dumping my watch list and starting fresh when the intermediate and short term trends change....

 
WHAT HAPPENED TODAY? The bulls were running. COH is up almost 7%. This has to be some new kind of popular sportsware with the kids. But, IMH is also up almost 2%. Pretty good with the 10.5% dividends, now lower that it has gone up some, but still over 10. My favorite in and out trade BRLI got away from me today. I was thinking it would be a good one to get back into last night but thought it had already popped. And IT goes up to near a yearly high. One advisor says data storage is going to be somehow passe to some degree and to sell Oracle and EMC. Does anyone know about this? I am not very good on non biological science tech stocks.

 
Awhile back, went Bert talked about shorting stocks, I did some imaginary trades involving Delta Airlines (DAL) and DAL in the money put options (DALOU.X). When I started looking at them they were 15 cents each. Then the airlines got some sort of temporary good news and they went clear down to 5 cents each. But, just like a compass pointing North, the airlines continued to suffer under the combined strain of high labor costs and high fuel costs. So then they went up to twenty five cents. Sell here and reap over 100% profit (each nickel makes them go up about a third. I don't know exactly how that is figured). I continued to watch them and they are now at twenty cents. They expire Mar 19, so they are continuing a time decline that gets worse, but DAL is doing so poorly that I think they might go up again, but I am not sure enough to buy them. But, it would have been relatively easy to make money on them in that time frame. I don't know about commissions on options. Are they a lot higher?? If you were really sharp and bought them at a nickel, you could have rode them to 25 cents. How much is that? Lots.

 
IMH looks good. COH has earnings coming up in April. Time to pull the trigger on the tech stocks? I think the Nasdaq has more correcting to do this year...

 
I found a stock on so many positive screens that I stopped counting. I think it was at least six. It is Coach (COH). Must be the new in sportsware. Also one on three screens including insider AND growth AND analyst. Also paying almost 10.7 % dividends. It is Impact Morgage (IMH), a morgage REIT.

 
If anyone is interested, I went long ITRI today -- and short INCY. Both got mentioned in the TC2000 Report the other evening.

 
What is happening at Western Wireless (WWCA)? Why hasn't this stock been a stand out in momentum screens. Up 500% in about a year. And, the PE is ONLY just under 1500! What is this? Up on high volume on a down day, today. Saying "I,m not done yet".
American Capital Strategies (ACAS) is one I actually own that is up today. It just keeps going up and kicking out that fat dividend. Well, not so fat as it was before it went up. Down to JUST 8% from over 10% since it has gone up. And, up again today!

 
I was looking at some of the REITS. Not too bad. Since right after the market high in 2000 most have at least more than doubled and some have tripled. All while paying a 5 to7% dividends. Many of their PE's have crept up over 20. Hard to believe.
But what about Cardinal Health (CAH), the HMO? Isn't it now making a near perfect handle off of a near perfect cup??

 
There is an interesting article on Yahoo taken from Smart Money. Why people stick with stocks then they (we) really can see that they aren't doing well. Answer is people tend to underestimate the risks of things they like (tobacco and bycycles as examples) and overestimate the risks of things that they don't like (nuclear power is given). Not said is why we like certain things and don't like others. Could it be a combination of advertising for things that we like and propaganda for things we don't like? Of course sex and wine don't need either advertising or propaganda, but get plenty of both.

 
Starting to take some profits due to shrinking volume coupled with down days. Sold ITXC today to lock in profit.
Anyone ever looked into using Louis Navellier's stuff - mpt review and blue chip growth? It lends itself to using and tracking data in excel spreadsheet to narrow down stock picking strategies.
"The urge to save humanity is almost always a false face for the urge to rule it." Henry Louis Mencken (1880 - 1956)

 
I didn't mean to buy ATAH. It has had a hell of a run in the last year and is in a horrible business group. It does bear watching. For the first time in years it has a sporting EPS instead of a loss, and is growing about 3X the rate of other air carriers.

 
Oh yes a PS here, for shorts take a look at grocery stores. After battling to the near death with WalMart, their unions have helped them the rest of the way down. Like Safeway (SWY). Down almost 3% today. A really tough business.
May a thousand locusts find their way into your tent!

 
Continuing on with the air carriers, today most finished down a little, but little ATAH was UP over 7%. And they pay a 2% dividend. Why would such a teeny company pay a dividend? They also recently got the contract for all deicing equipment and materials for the entire US Air Force! But, that was previously known.
And HERE is the question of the day!!! If Delta Air Lines finished at even to a little down, why is their in the money PUT option (DALOU.X) down almost 17%. There must be a good explaination, but I can't think of any. You can buy these options for a quarter apeice. I guess so if they go down when the stock does, who would want them.

 
Well, I hope that you didn't short SOME airlines today. Air couriers are the 3rd best group this AM. BUT that group includes freighters and Fedex is leading the pack, followed by Atlas. AND it is companies like China Southern (ZNH) (up pver 6%), Frontier (FRNT) (up over3%), Jet Blue (JBLU), and one I like, little ATA Holdings (ATAH) (only does custom runs for tour operators and US military) (up over2%). These are the guys putting it to the Deltas and Americans. Even Southwest and Ryan are down today. It is a tough business if you are one of the old line unionized companies.

 
I am not sure you would want to short a stock paying as high a dividend as BMY. Wouldn't you think that the airlines are going down, more. I think US Air is already in bankrupcy. So's United I think. Maybe Delta or Northwest.

 
Time for some review. I have been stopped out of four (4) stocks in the last week. The market must be pulling back. Lost the following GSOL, STXN, ITXC, MTMD - all with respectable profits of 10 to 50%, not bad for an average hold of forty days. At that rate I could stay in cash and still beat most mutual funds. But, I am thinking is this a temporary ceiling? Is there more down side? The recoup of Friday was on very modest volume. I am scared. The Worden Brothers both seem to be calling it at least a mid-term bear. I may have been stopped out because I keep my stops to close. All those stocks look fairly good still on a chart. I am still holding CDIC, PWAV, IRI, and ECSI - all with 50% or better gains. I have three very recent buys (from just two weeks ago or so) all of which are now down painfully. I seldom set my stop until after the first week of trading - dumb! Any more down movement and I'll sell! But what to do at this point?
I have gone short with HILL and added one more long AUO. Both are TC2000 selections. I suspect I would like to go with more shorts. The problem is most of my available cash is in IRA accounts where you can't do shorts. I am looking at the following shorts - CECO, DLTR, PDCO, MXIM, BMY (Tom's idea here would be welcome), and UDI. I have limited funds for shorting, any suggestions you guys have would be gretaly appreciated.

 
Thanks Andy, I think that for one day it didn't work or something. BPA was down today. I think it would be easy to develop a ricin antitoxin. Get some horses and give them increasingly higher doses of ricin and then harvest their serum (you don't kill them but just keep on getting the antibodies). This is not unlike the way they make tetnus antitoxin. One of my classmates did this for years. When he started he killed most of the horses on his first try. Boy, were they pissed at him. He found out that you have to support their liver with molasses while you are stressing them with the toxin or the liver goes boom.

 
Pre-Market

Nasdaq after hours quotes / pre-market quotes...

 
The CEO of Biosante (BPA) was on Kudlow and Cramer tonight. The anthrax vaccine is supposed to be oral not intranasal. And, interesting on the ricin vaccine (actually a toxoid, I think), all they have to do is come up with a vaccine (easy part, he even says so) and the govt is going to fund the costs of testing and development. WOW! The last time they did this we got the swine flu vaccine. But, BPA should clean up. What do you suppose is their government "in"?

 
When I was a kid, I wanted to change my name to Joe, but after growing up a little bit, I have decided on changing it to Tom! Ha Ha...
I try to not watch all of the stocks that I once liked or owned so I don't beat myself up! Have yet to do a short.

 
Today is not only a bad day for the market, but we have lost some valuble tools. Thompson no longer has a web site. They are only available through AOL and Kiplingers, but a limited amount of information. No more I watch to see what the institutions are doing. Also the NASDAQ site has stopped giving pre and post market trades for non NASDAQ stocks. I guess when they saw our trading prowess they dediced to hinder our ability to compete. Can you get some of this from Scottrade?
Feb is a good time for some of Bert's shorts and puts, what do you say Bert?

 
Actually for ricin it would be a toxoid, I think, not a vaccine, at least techniclly speaking. I will try to find out. I am not sure this will be a very easy thing to do, but I can see the govenment shoveling a lot of dollars their way to try.

 
Andy, I have been semi day trading a thousand shares of SGI, buying as much (in points not cash or shares) under 3 as I can and selling as much over 3 as I can and have made about $700 after commissions in the last few weeks on it. Many thanks!!
Remember my noting a couple of weeks ago that a teeny bio company Biosante (BPA) had massive insider buying (picked it up on the Reuters screen). Something like 130000 shares bought by insiders in one day? I thought at the time it was their intranasal vaccine for anthrax that had finally popped. But today it came out, they are making a vaccine for ricin for the military! It is up almost 13% just today alone. Those insiders really know. I wish I could tell you that I had the balls to have followed my own discovery and bought it, but I didn't.

 
Every time Tom comments on something he likes, I do something rash! Bought CVM today. The chart looked pretty good. At $1.37, a stop at $1.00 means I'll have a near 40% loss. However, the up side looks to be a 1 - 3,00 percent, depending on an advance to the 2003, 2002, or 2001 highs of around $10, $20, and $30+.
In adition, I am short HILL of the Worden Reprt around $14.

 
Does everyone save all of the reports they get in the mail from the stocks you own?

 
Did anyone stay in SGI? It is still going. I am sure glad I recommended it but didn't ever buy it. I am looking at CVM currently.

 
You can always tell when there has been a correction! All bragging stops very suddenly.

 
But, and here is where I think fundamental thinking helps, some terrorist blows up the biggest refinery in N Africa (why blow up one in a militant muslum country, maybe for practice),and it is announced that China has replaced Japan as the second largest consumer of oil in the world and the oil and China stocks go crazy. I didn't sell PTR after it swooned because I just couldn't see how finding and selling oil in China could be a bad deal. Now I am glad I didn't. Now BRLI is down to near 20, so my 20% daily gain is now a loss. I am holding though, because 20 was the high before, so maybe it will be a new base. Based on what Bert has taught me about charting, if I understand it right, that is what may happen.

 
PCTY has been on the Yahoo "strong forcasted growth" for several weeks, but is off now. I think I mentioned that a few weeks ago. I tend to be a fundamentalist at heart and I just couldn't see how party stuff would make a lot of money. People don't seem to have as many parties as they used to have.
Well, I really got screwed on BRLI. Bert and I had an argument about the cup on the chart. I said it was near perfect, Bert didn't think so. So we broke open a bottle of the Scarlet Crest Cabby to decide. After several cups we forgot about the stock chart and drove over to the South county Dirt Cheap to get a couple of cases of it. I don't think you will ever find a better wine bargain in this lifetime. When we got back we had forgotten about the cup on BRLI.
So, Tues AM, it BRLI was up to over 18 in pre mkt trading and I put in an order. Hold on to your hat. At the opening, and before my trade is addressed it jumped to over 20. My trade finally went through at 20.30. Then it went over 22. Screwed out of 10%, but still have 10%, not too bad for one day. So then this AM I was watching it in premkt and it is up some more, so I hold tight. Guess what, it opens down to 20.60. So now for all my genius I have made exactly thirty cents a share.
But the wine and conversation were excellent.

 
Can't get a chart on SAMN. ONNN is in a big breakout and you have to chase it to get in. Makes me nervous. NANO was a Don Worden pick today! I looked at the chart and put in an order. Also in the TC2000 report tonight was a thing called XYBR at $1.97. Great looking chart but very speculative. I bought 400 shares in Marshall'slittle account with the left over cash he had. Party City (PCTY) is making a nice pull back. I rather like it and think it might just be a good buy. Judy shops at the party center in Fairview every time she entertains ... and goes off the deep end for the holidays. The store is always crowded. We always have to stand in line to check out! Anyway, PCTY has negative RS and On Balance Volume. If they start to turn I would think about getting in. Finally, BPA is a sky rocket ... to high ... to fast ... gosh how I wish I'd seen it a while back. Tom, let us know if it levels off to make a ledge or pulls back on small volume.

 
Sexy BS - we could all use some more! BPA looks too risky for my blood - but then again, Lucent is 20% of my stocks currently so why not. Did anyone stay in NANO? It has had a good run. Currently I am watching SAMN (circuit boards) and ONNN (semiconductors) Whinos: I got some tail this last weekend, and it was yellow too! Good stuff. Friend of mine said he was trying Chilean wines. Never had any.

 
There is a teeny drug company that I think bears watching. It is Biosante Pharmicals (BPA). They are teeny, but in the last six months insiders have bought well over 700000 shares. They have some US military contracts to develop an anthrax intranasal vaccine. Since this is often the way anthrax is contracted, it might be a good way to immunize for it.
Their other big thingy is testosterone and estrogen gels to hop up your sex life. They have one for under sexed men and menopausal women and recently have developed a variation on the men's to increase the libido in women which is always popular.
They also have a long acting insulin that they claim is better because it is not an analog of insulin like most that is available but is a pure insulin with their patiented nanotech calcium (aren't all chemicals nanotech? Is this some sexy BS or what?) with it to slow the rate of absorbtion. I wouldn't give this one much of a chance.
High volume buys and high insider buys but risky.

 
A new one has appeared on both the Reuters and the Yahoo screens. PCTY A company named Party City (now that's my kind of company, or at least it used to be before I became worn out). Retail party supplies. I don't see how they can make enough money in the long run. To me I don't see people having as many parties as they used to have, but maybe I am just not invited. What do you think of the chart??

 
Does GSOL's low volume indicate that this is a flash in the pan or that insitutions haven't really discovered it yet? It is not well known, to the point that not much data is available. If you look on Thompson FN's site, they don't even show any institutional trading at all.
And look at LU!! The company that discovered the transistor and fiber optics (read "The Day After Roswell"). Some bird colonel says they got it all out of the spaceship at Roswell, NM and seeded the idea into what was to become LU among other places. Anyway, after dying it is now alive and very vigorus. Do they have something new up their sleeve?
And lastly, I have been asked by friends to taste the new Napa Valley wine at Dirt Cheap (grungy little place as a cheap wine place should be). The story is that some guy, in the best capitalist tradition, bought all of the excess harvest from some of the finest vineyards and bottled it up, cheap, and sold it for $2 a bottle (Dirt Cheap is selling it for $3). It is available in Merlot, Cab, and Chardy. We checked out the Merlot first. On opening the bottle I would just about match the bouquet with anybody. Amazing. Not bad taste, a little watery maybe, but a very bitter aftertaste. Maybe vinophiles call this "pepper" but I don't. So I let it sit for 24 hours to breathe and had it with some off the scale lamb chops from Costco (the lamb chops are worth the trouble to harass some friend to take you there). To my suprise, it isn't bad. The bitter taste was gone as was the bouquet and I would have to say that you could really fool a lot of people with this wine AFTER IT HAS A GOOD BREATHING. It is labeled Crimson Ridge, which is what the ridge will look like after the vintner is cut into little pieces by the other wine companies for this venture. Interestingly, unlike my other cheap wine favorite, the Aussie Yellowtail, or whatever it was, this stuff DOES have a real cork, cork, not a plastic one. Farther proof it was probably bottled at a pretty good place.

 
I wish you would have called me that night so I could have put one in as well.

 
Lordy, Lordy you may have a live one there Tom! GSOL looks awful good. Infact I just put in an order for 500 shares for tomorrow morning, Time Segmented Volume, On Balance Volume, Money Stream, and Balance of Power are ALL in gear, with a significant breakout. I'm impressed.

 
Take a look at the chart on GSOL. It kept coming up on a number of screens including the mother of all screens on Yahoo. The chart looks to me like the breakout was in early Jan and we missed it. But they are still making a lot of money and have excellent cash flow. Is it still a buy?
May the sweat from a herder's turban appear on your upper lip as you meet your new bride.

 
Gosh, that Nasdaq site really is pretty good. I really like the TC2000 idea of shorting Schnitzer Stell (SCHN) at $50+. So I put in my order. Their idea to short Lenox was not nearly as clear and solid looking to me. And, Frontier Air (FRNT) as a short looks just good, but I liked the profit potential for SCHN - up from $9 last December, is awesome. I'll cover at $56 (10%+). The next stop down looks like a shelf at $37 and another at $25. Fibonacci retracements are 38% and 50% as a norm. That matches almost perfectly those shelves.

 
Bought TLAB today. After hours last night said it was coming down so I put in an order for 9.7 and it took. I agree about the correction.

 
It is true that on Yahoo Finance it tells you a number on before and after hours trading (but not always), but on the NASDAQ site you can see ALL the trades, how many shares and at what price and get a better feel for what is happening.
May you awake to find a weird holy man fooling with your navel lint.

 
What to do with the cash from SGI? Liking what I see in the Woden comments on TC2000, I am going with PWAV and TLAB. Good patterns and the support is between 8 and 12% down, making the loss potential very reasonable against the possible gain. The big problem is my gut says we are in for a correction very, very soon. I do hate to be fuly invested before the correction.

 
I put in an order to sell half my SGI at a limit price of $3.00 and got the execution at $3.08, for a 30% gain on the original cash investment about two weeks ago or whatever with half my shares still in my account. I put a stop down 25% from $3.00 and ride the gain to where ever it goes- maximum loss zero --- since a forced sale would leave me a 100%+ gain! These are the one's that get you addicted to playing the game.
With a profit guaranteed, I can move on with my investment funds to find another stock -- diversification with out dilution.
By the way, pre-open prices (after-close/pre-open trading) is available on Yahoo. The price is in red just above the info box when you type in single stock symbol.

 
Nice website! Thanks! And it is free! On SGI, you could take out your initial investment and play on the house's money with a tight stop set? What did you get in at. My order was never filled in December so I am kicking myself in the ass.

Bert, ICGE is being daytraded, I think. I still have it.

If you hate those pop-up ads, a good add-on is google toolbar. It blocks ads and is a good search tool. I love it: http://toolbar.google.com

I have fleas if anyone needs some.....

 
Bert says he is selling SGI. Since in afterhours it is up to $3.17, I am going to hold mine, unless it crashes in pre opening trading. I think we both are right because he bought his earlier and cheaper than I did.
And now a word to all of you voyeurs who watch and never contribute anything. SANPVS (Screw all the Non Participating Voyeurs). May the fleas of a thousand camels nest in your hair!!!

 
Oh yeah, I forgot to ask. But I think I know. IF SGI was up almost 20% today you shouldnt sell until it starts down, right? Even if afterhour and premarket it is selling off? what then? In any case thanks to Bert and Andy for the SGI tip!!!

 
SGI just got up to $3 in afterhours trading!

 
I think I mispelled NASDAQ in the site address. It is an A not an E

 
It is on the NASDAQ official page and is free. They say NASDAQ but it works for all stocks. You go to
www.nasdeq.com/references/MyNasdeqConfig.stm
Then hit "extended market" in upper middle. '
Then at right hit either "premarket indicator" or "afterhours indicator" That tells you what the Nasdeq is doing.
Then hit either "after hours quotes" or premarket quotes" in about the middle right in small print. Then you can type in up to 10 stock symbols and it will show you exactly what is going on in the non open markets. Or are they non open?
They also have a neat thingy where you can type in a stock and it will run your stock through the methodology of a dozen gurus and see what they would say about it. Maybe limited value, but very interesting to fool with.
Today I thought BRLI went up as it was putting in a perfect cup, but it was that they announced blowout earnings for the last quarter. I thought SGI went up for some reason in the chart but it was rec by some broker I never heard of and they announced a new piece of computer equipment that they have develped today. So I am confused but happy. It is sometimes better to do the right thing for the wrong reason, than the other way around!!!!!!

 
I like to do things that way when entering a position, but who doesn't? Most of my positions are 6-9 months unless the chart goes sour. Tom, is your pre opening data from your broker, or a general web site?

 
PS I got a little carried away there. They didn't almost triple. The % they went up almost tripled. From like 3 to 4 % to 7 to 16%. Sorry.

 
I had a curious thing happen this AM. I was looking at BRLI and SGI and the whole market in the pre opening data and they were all up. So I put in an order for both BRLI and SGI. To my suprise they were both filled in the PRE MARKET market and then almost tripled when the market opened. I didn't know this could happen. Did I do right? I thought all weekend that the market should have been up Fri but was hijacked by the jobs data, which are now suspect. Any ideas?

 
Now look at Tell Labs (TLAB). See the break out, see that support is just over $9 (on a weekly chart). If it corrects, the 10% down is the extent of the damage before you would know you needed to get out. I am thinking about this one. Worden liked it Friday.

 
You guys seem to like BRLI. It has a good looking monthly chart that shows the breakout over $3.00 was the perfect time to buy. The weekly chart show it bouncing off its 20 period MA, with the support line just UNDER $12. The daily chart shows HUGE sell off days suggesting a TOP. Support is still down around $12. If we all agree to buy in, I would say we must be prepared to ride out a correction to the $12 area. If it fails to get support down there, we will have a 30% loss before we trow in the towel.

 
SGI got up to 2.28 and closed at 2.16 in afterhours trading. BRLI got up to 16 and closed at 15.99. This looks good for tomorrow. Does anyone else ever look at before and after hours trading? I agree, it looks to me like BRLI is making a cup. Shouln't you buy now? What to do Bert? Are we right?

 
See my post on 12/14/03 - this is where SGI came from. AND worden brothers had a recent note on it. As far as oil and energy goes - I think the sectors will help determine if this is a good year or not. BRLI looks like a cup starting to form a handle, but you want to buy right before the hande? I think it might be a buy soon.

 
I bought BRLI Mon. It went up but then in the afterhours trading it was being sold. Also this AM before the mkt opened. So I put in my sell too. And it was right because it did go down but I made about $160 on what became a day trade. This is a stock you have to watch like a hawk.
My one I was bragging about PTR fell out of bed. In three days it was down 20 points. I was looking at it the other day when it hit 63 and I could actually hear Bert over my shoulder saying, "at least sell half". But I didn't. The stops helped some and it bounced quickly back for 10 of the points. I looked back and 18 months ago I owned it at 18 or something. I just can't see anything but good in the fundamentals for an oil company in China. Am I blind? Strange, it really didn't do anything until 03. Why then? It is absolutely inscrutable! As to SGI I think I am losing my mind. I don't remember AT ALL telling Bert to buy it. Am I going crazy or what?

 
BRLI looks like a possible variation of a H&S pattern on the daily chart but the weekly chart looks better. On one hand, the time-segmented volume is improving but the moneystream needs to be a little better. One thing I did notice is that it has corrected back to the industry comparison which indicates that I would call it a buy around that line, i.e. price of 13.1 or so. Using PW's chart template the MS has bottomed and the TSV needs to cross over into positive territory.

I really like ITXC's chart. Looks like a nice consolidation pattern is formed. I have a few shares of it. SDI (i mean SGI) I am watching and also has a nice chart too!

I have also been watching AMAT which worden highlighted, but the chart is not as impressive.

 
O.K. here I go, I bought into SGI after Tom's comments and a study of its chart. Today it followed through on yesterdays breakout. It was spoken rather well of by the Worden brothers yesterday. Looks very good. I am also into ITXC. Currently selling around $5.00, you may find it worth your consideration. Tom has been asking about BRLI. It looks only fair on a daily chart because of the vastly negative Money Stream. However, looking on a weekly chart one sees a pull back to the pivot point of a very significant breakout. The problem is the Money Stream. Andy, take a look and tell me what you see using DW's favorite settings.

 
Wow, I was just kidding but thanks! I have attached the following email response that I got from your email, Bert. Happy New Year Everyone!

This Message was undeliverable due to the following reason:

Each of the following recipients was rejected by a remote mail server. The reasons given by the server are included to help you determine why each recipient was rejected.

Recipient:
Reason: not local host mail.plantnet.com, not a gateway


Please reply to
if you feel this message to be in error.

- Andy, 9:20 PM

 
O.K., I upgraded your stautus. You now have Aministrator priveledges. What do you plan to do with them? I have done very little of late with buy-sell. Just a very small position in SIRI using some of the residual dividend cash laying around in Marshall's small account. I'll let you guys know when I make a significant move.

 
Good question. Hey Bert, can Tom and myself get administrator privledges?
Market good again today!!!!!!!!!! Yippeeeeee!!!!!!!!!!

 
Where did everybody go?

 
I had problems sending you email also, Bert.... Proud picks: I am just lucky to have taken control of my retirement stuff this last year and can say I picked a good time to start doing it. Proud picks: etrade and hbio. Not bad for a dummy. Losers: Not selling more mutual funds (janus and putnam). also: Internet Capital Group(but it is chump change and I am going to let it sit there like you are not supposed to do).

 
What are everyone's proudest picks for 03? And what were your worst disasters?
I am proudest of Petrochina (PTR). I picked it in late 02 because it had China, oil and a huge dividend. My favorite things. It is up from 19 to 57 plus paying over 7% (then, not now, since it went up).
My shame is in selling a small cap fund in 02 and missing out on all the goodies. I did invest part in another one, but it was a big mistake to sell it.
In 03 I also finally sold Hopewell Holdings. Bert has to share the blame on this one a little bit. I wondered what happened to that marvelous road that they were going to own and sell leases along. Did they ever build it? To show you how utterly stupid I was in 94 when I bought it, I bought it in a tax sheltered account. Now that is STUPID! Now it's not even good for a tax write off. We do live and learn and get better.
Also very proud of ACAS which I mentioned here when I bought it. Over 10% dividend and up about 25%. This was a year when even I could make money. It is up from about 23 to almost 30 while paying that nice dividend. And in a tax sheltered acct!
But such a no brainer to just have bought the NASDEC and made 50% on your money by just leaving things alone. But would that be any fun??

 
Bert I am still getting email back from your site. Let me know if you have any ideas as to what to do.

 
HEC may dash hopes this time. I bought some too, and must have gotten the fill at Waterhouse about the same time that Andy did. I use Waterhouse because they have a Weiss rating of B+ for reserves and stability. I think that this is important, because when I lived in NYC and bummed around with Wall Street types, there was a guy named Tiny DeAngeles who damn near broke the NY Stock Exchange by fraud committed at a couple of small brokers. Ironicly he was one of the people I was inspecting for the army in Jersey. It was a fraud involving tank farms of soy bean oil and olive oil that was not unlike the Billy Sol Estes fraud with liquid nitrogen fertilizer, only infinatlly LARGER. Anyway he broke a couple of small brokers and the Natl Org of Stockbrokers insurance payed off the people who had stocks with them in street name. But, I was told by several of my Wall Street friends that had it been a couple of large brokerage houses, it might have been considerably different. There just isn't enough money to insure all accts or even most accts. And then over I think a million is insured by Aetna. Give me a break. This is the blind trying to help the crippled.
Getting back to HEC. IF you look at the Imark stuff on the ThompsonFN site you can see that the buying started around 12-15 and now has stopped. BUT very little selling either. So this thing could go either way. I somewhat pessimesstic because oil prices seem to be falling and are predicted to fall substancally next year, which I think may prove to be terribly wrong.

 
Bert, on Clearstation I watch the guy LEVMATICS seems to have some good plays once in a while. I also watch Capt7eag, SUPERANDO, unclebert, dynodino, and quisp... What are your bottom and middle charting indicators? Top was candlestick, middle was bop? My brain cell could not remember. Tom, bought small amount of HEC and my lovely TD Waterhouse got me in at 1.25 when it opened at 1.07. Gotta love that crap....... Market orders / Limit orders or should it be called small guy to the back of the line order?

 
Today PFE bought a little pissed ass bio tech company no one had heard of and paid over 50% of closing price for it. Other little pissed ass companies that you haven't heard of that may be desirable for one of the big guys are LIPD (new way to lower cholesterol with a IV injection that seperates lipids and proteins. But, the big kicker here is that doing this may also inhibit or destroy some viruses that depend on a lipid sheath. Like Hepatitis B & C and AIDS. It is up almost 10% today in sympathy. Also VSGN has a drug in Stage 3 which stops inflamation in the heart and arteries. It is up almost 13% today. Does anyone know of a fund where you can buy a bunch of small biotechs at once other than BBH?

 
HEC has been played with in th past by anybody and everybody worth his or her salt, including, but not limited to the King of Saudi Arabia, Harvard U fund, and last but not least, remember the stock that George W was driving up before he ran for governor of Texas? Yep this was it.
They seem to go up when oil does. There is a huge reserve in Columbia that they have the rights to. Only trouble is that between the cocaine mafia and the government and the communists, their holdings often are sabatoged and the pipeline to the shipping is cut, spilling out millions of barrels of oil in the jungle. It does look hot again though.

 
I agree that HEC is looking great - moneystream and tsv excellent too. I might help it out on monday also. AZPN and CAS looking great! I have been wrong about the steel companies as of yet. They seem to be doing ok and this just convinces me that CHARTING might be a better way to look at stocks....(instead of looking at political ramifications, CNBC, street talk, ect....)

 
Tom just e-mailed with a suggestion that I look at Harken Energy (HEC) as he thought it looked like a breakout. He is absolutely right. It is a classic hign volume breakout. However, I suggest we take a look at the stock in a monthly charting format. Here you will see that the volume is literally off the chart! Before we get to excited, remember this stock was near $50 a share. It has been falling for years, having toped in late '97 or early '98. Now remember today's volume is in shares NOT dollars. Therefore, high volume on a stock selling for near pennies does not mean we are seeing record dollar volume. It is dollar volume that is actually the key to breakouts, which is why we are often disappointed with 'breakouts' in "recovering" stocks. That said, I think it is well worth a shot! I will have an order in for Monday morning.

 
I honestly believe this market is getting long in the tooth and each up move is a little more tired looking. That said, I am considering four stocks. Three are from TC2000 and one from Clearstation (a guy called 'UncleBert'). They are VITR, CAS, AZPN, and POL. take a look and make up your own minds. As to Tom's ideas - SGI looks very good on the charts, MRGE looks toppy, Etrade is a CANSLIM stock actively followed by one of the best of the CANSLIM advisors who just this week published it in his weekly best pick mailing. I make that at least two out of three for Tom - and that ain't bad. In fact, I just bought SGI.

 
Holy energy! Monday should be a good buying opp. to move more into stocks because the markets do not move on Greenspan or other reports that CNBC and the like push to the public, they move on the good ole military and who they capture. Have not found any good ideas yet but some that are looking possible: MRGE (Bert, I think you had MRGE earlier this year?), SGI (got some work from Lockheed), ETrade. I should try to thin out my Nasdaq stuff, though. What about the behavior during an election year if the DEMs win?

 
Also golds dipped, and then took off like crazy for over a year. They are still going.

 
I was looking at charts of some companies when 9-11 happened. GE crashed and continued down the next year. But. some actually went up. Energy stocks. PTF was coming off a 2 for 1 split and then almost doubled right after 9-11. Even ARLP (a coal company that pays high dividends) went up. Also Chinese stocks went up. If you compare a chart of TDF (chinese closed end fund) with the NASDAQ, it is something. TDF dipped very slightly and then took off and has still been going up almost non stop ever since. NASDAQ dipped a whole lot and then went way down in 02. This is what you do when you can't sleep.

 
I think that domestic or Canadian oils are going to be the place to be if there is a 9/11 type of thing in the Middle East OIl fields (God forbid). I like SU if you don't care about dividends. It is a play on the Alberta Basin oil shale. They can get oil out of shale for about $10 a barrel. If you like a big dividend (which I do) there is PWI and PGH. They just paid off big time dividends and are still going up, which is unusual. They pay 13 to 14% dividends but not very secure. But, if you really want both, take a look at PTF (Amex). Pays 12% dividends and has almost doubled this year and still has a PE under 16!! Not too shaby, huh?

 
I also LOVE PTR. I have owned it for over a year. Check out the chart. It combines my two loves (investment wise), oil and China. When I bought it, it was paying like a 9% dividend. But it has gone up so much, that the dividend is now about 4.6 %. I think the Chinese may raise it.

 
PFE and ACAS both seem to be on the move. I don't know much about ACAS except their resurection of Piper seems to be working out well. PFE is THE best pharmaceutical company, at least the big guys and is just now getting out from the debt burden of buying Pharmacia-Upjohn last year making them the 800 pound gorilla in the group. A lot of their new drugs should be getting approved. The new impotance drugs have been poorly advertised and most people only know of Viagra, so far. Are they forming some kind of a handle?

 
PS on MMP. Insiders have been buying away.

 
One of my favorites took a bit of a dive today. MMP. Transportation of oil and gas. Huge pipeline system. Over 6000 miles. Just watch the gauges and collect the money. Check the chart for 03, like a rocket. I think a few big guys bailed out, and it's a buying opp. But I dould be wrong. Used to be Williams Pipeline. Pays a nice 6+% dividend as well. It is called a limited gas and oil partnership and I guess they do have some of each, but it is mainly transporting the stuff. I think a buying opp.

 
Most steel companies here in the us will fell a little pressure. USSteel, Nucor, even the new one in Granite City - can't remember the name. The tariffs effected everything from raw steel to specialty items so it is broad. It will work itself out as usual. I have clients who get calls from China, India, ect. where they are soliciting my job of drafting out of the country. I even know a guy who opened a drafting shop in Tiawan (sp?) because he can get the same workforce for pennies on the dollar. I am counting on the language barrier and the time difference. Are you retired now, Tom? Put Options? How is TC2000 going?

 
But what about the put options?

 
Personally, I think the stock of the '00 years will be oils. As China comes on stream the demand is going to grow expotentally. Tom has a point about markets eventually leaving small caps and moving into large caps. But it usually happens at the late middle to top of a run. Then at the end there is a 'flight to quality' as the rats desert the ship. The flight seldom saves anyone's bacon. Is this a temporary top? Feels like it to me. Stocks that are down are going down further with end of year tax selling. Stocks that are up are peeling off their tops as end of the year profit taking comes into play. I am left with once again not having any more idea of what the market is doing then those talking heads on CNBC. Thus, I am left with the only option remaining - pick individual stocks, don't get to many irons into the fire, and pay attention to TC2000.

 
You can't tell me that Japan and Europe can make steel any cheaper than the US and ship it over here. China, Korea, yes. Japanese and European steel companies are being subsidized by their governments to screw our companies.

 
They closed BRSIX. If you got in you still can buy. If you didn't what the hell, microcaps may have shot their wad anyway. This is one of the first closures I have seen in this bull market.
Andy which steel company would you advise as to being the worst? Maybe we could buy put options in it.

 
I am thinking of changing to Scottrade or Etrade from TD waterhouse but don't want to wait for the funds to transfer (who knows how long it could take..) TC2000 is a handy tool. I got out of LEXR today because of the way the chart looks (I think I am learning?) Hopefully someone can benefit from all of our hard work at saving and investing.... If you own steel stocks dump them the US steel industry is going to dip bad and it may hurt my work too. (or I will have to work faster and more accurate and cheaper - the American way...)

 
Bert, do you have any put options going for you?

 
Today at noon it sure looks like big caps are back. PFE Exxon even stogy NSC (Norfolk and So) which never does anything.
I guess I am a hopeless value investor. God help me.

 
It may be premature to talk about this but from the market today and the huge runups in small caps in 03, it may be about time for big caps to make a comeback. I have noticed in previous markets that this is how it often happens.

 
All the talking heads are talking bear talk, so it probably will go up. I have been trying to go to school on my bumbling picks that have done well almost in spite of me. One, if you remember is ACAS. A conglomerate that just bought the failing Piper Aircraft for practiclly nothing. Pays over 10% dividends at 15% tax rate, which is why I originally liked it. I thought I had sold it in one acct but I still have it and it has gone up from about 25 to nearly 30 while paying the great dividend. In fact it has gone up so much that the dividend is now below 10. Does anyone remember this one? One I had for dividend and foolishly sold is RJR (tobacco). I remember saying that it would seem that this is one screwed up company. I got in, got the dividend, and got out. It went up even after the dividend was paid. And up more and more. Still going up at 57 from 36 when I owned it. I confess. I do love the trash. I do have a nasty value investor streak in me. But, I often do this. Sell too soon.

 
No, not dead, just in a pause as we think about the market at a serious breakout or fall apart point. I bought both STXN and ITXC today based on the charts the showed up in last nights Worden Report. I loved the charts. Both are up today.

 
Is this blogger dead?

 
Is there going to be a Santa Rally?

 
Bought small amounts of sun micro (sunw) today as speculation and RTK (which has a nice chart and is being effect by energy bill). Also seeing what happens with WHT which will spread me out a little in the market if a correction occurs. We need to have a TC2000 training session but I am playing with it when I get time and so far so good.

 
Sold TWAV at a up 200% and bought more Lucent yesterday. Was looking into wireless networking manufacturers but have found that most have had their run already.

 
twav has broken out finally on a major note! HBIO has been having volume pms syndrome or something. Lucent is finally taking off. I wonder when ICGE will be returning? Bert, I sent you that article on fuel cells by mail. If you ever want to look for technology articles you can search with google and include IEEE in the search. That is where that article came from but they charge a membership. Description of IEEE: The IEEE (Eye-triple-E) is a non-profit, technical professional association of more than 380,000 individual members in 150 countries. The full name is the Institute of Electrical and Electronics Engineers, Inc., although the organization is most popularly known and referred
to by the letters I-E-E-E.

 
What happened to HBIO? GILD should be a good short.

 
The market in general is looking very toppy. That said, I have gone long with OpenTv Corp (OPTV) just under $5.00. Solid support around $4.25. Potential gain is between $15 and $24. That is a loss/reward I can handle. Not to be completely out of step with the generally weak top formation of the market itself, I am short Gilead (GILD) uder $58 looking for a pull back to about $45. My loss cut is $59.75.

 
PXP has real support at $13 or so. It should be expected to back and fill for a while as it consolidates its gains. Possiblily falling all the way back to that $13 level. Then when it breaks up through $14 after that back filling process, it will be safe to take a new position. That is not to say it will not just keep going up from here. However, the odds are in favor of a pull back. Especailly given this over bought market. A good looking chart!

 
Bert is number 314 on Clearstation!!!!
PXP needs support above 14.5 now if I read it right?

 
HBIO doing good, even in the down market!

 
I looked at Plains Exploration (PXP) and damned if it doesn't have a pretty interesting chart. It is making regular new highs. It came public around $9 less than a year ago. It dipped to slightly below $8 and has been up hill ever since. There is a super solid support line back at $9.50 or so and significant support at $12.50, and assuming you don't want to chase it, a pull back to around $13 or $13.50 'should' start any day now, which would create a buy opportunity. I have it on my watch list now and plan to buy if it pulls back on light volume. I am packing to leave for Arizona and don't have time for a deeper look. One of you folks needs to check insider buying, fund purchases, IBD rating, etc.

 
I have heard of many small companies in the LA area extracting oil and gas for a long time - some are right in the middle of populated areas - from a story that was brought to the spotlight from Erin Brokovich about lawsuits for the people living next to the drill sites and their higher cancer rates. I think one case they had a well on a school's property and made it look pretty by covering the drill rig with a decorative cover. Other than that, no. MOT is still looking good, I should have bought. Bert, read the charting book 3 times last week while fly fishing and drinking. I can relate to the book and will start to try applying soon.

 
Ever hear of Plains Exploration? It has been doing deep sizmic (sp?) tests in the LA area and finding that there is a lot of untapped oil in that area. CEO is son of CEO of Exxon-Mobil. Chart broke out to new high today. Any opinions?

 
Thanks. HBIO looks like it could be a hold for awhile (two good picks this year and ?? losers?). AND I got positive on Lucent today and the market is in a down turn? I will get TC2000 when I start working at home, Bert. MOT actually looks like a buy still and looks to converge?

 
I think the orange label was the Cabrenet. It is Yellow Tail. Available at Schnucks for $4.68 or something. An Aussie wine. Probably the best value in wine I have ever drunk. The white was Canyon Road 2002 Sauvignon Blanc. Availble on line from www.bvmo.com. The only 91 point wine I ever saw for eight bucks. The fondue wine was Yellow Tail Chardenay.

 
Andy, did you see HBIO today? What a call! Ready for more fondue?
Bert, is the gain on MOT from the stock coming out of the cup or is it from the CEO leaving and thus they are going to drop some unprofitable lines?

 
Just an update in view of the market down turn. High time the market backed down and cooled off in my humble opinion. It is tough to manage small stocks with no automatic stops in a market like this. Luckily, we have done fairly well and should be able to weather the storm. ILA and AKLM, bought just two weeks ago, are up close to 30% each. FCEL bought about a month ago, has done 30% as well. The question is - take profits? or - ride through a correction? I want to own FCEL for years to come, so I'll ride it down to my buy point less 5%. The rest I'll ride down until half my gain is gone. Selling with a 15% gain short term is not all that bad a deal. MOT is an easier question. The gain in just about a month is around 20%. Not bad for a big cap. Here we can use conventional stops. I use 10% down. So, I get no less than 10% profit on MOT. Hopefully, all will weather the storm and continue to reward us. Their charts still look good. Remember - stops , automatic or mental, are your best defense!

 
My cousin in Washington D.C. is having luck with this type of Diet, if it applys, FYI:

"I am a Type II Diabetic (non-Insulin dependent). That is why I have
adopted
the Insulin Resistant diet proposed by a West Coast MD and a
nutritionist.
Works for me!"

 
Thanks to Bert for the education on charts and the good company last friday! Tom, good to meet you and Claire, and thanks for the wine! What was the name of the orange label?

 
We are still working on a sitter as of today but worst case we can find a place for the 3 year old and bring the baby. I will be in touch this week hopefully by Wed. Looking forward to it.

 
Next friday, a week from tomorrow for dinner at my place - fondo should work well. Tom is in charge of wines. Andy just has to find a sitter.

 
Every once in a while, I like to become a contrarian. Here are three very inexpensive stocks, literally outcasts to the world. TMAR - Trico Marine Services @ $2.50, ILA - Aquila Inc. @ $2.93 (a utility play), and AKLM - Acclaim Entertainment @ $.64. All three have 'E' ratings on the IBD on line Stock Rater, ratings from 1 to 4 (with 10 being best) on the CNBC Money Stock Rater, and share universal negative commentary. BUT - they have very interesting charts, have received positive coverage by the Worden brothers (my heroes), and in the case of TMAR there is significant insider buying. I put in buy orders for the open on Friday, which may well be a very bad day. All three stocks have bottom reversal patterns, are down 90 to 95% off their highs, and have evidenced 'technical buying' in recent months. Now my chances of picking three winners in one shot are poor, but if just one gets half way to its old highs - I'll have done exceptionally well. Even if the other two are losers, I'm stopped out with little damage. Remember, low prices stocks are hard to put automatic stops on. Most brokers will not accept stops on stocks under $5.00, so you must watch closely and not hesitate to pull the trigger.

 
I would be honored. And would love to meet Andy and his wife. Should we do the fondue again?
How do you find the old Hampton letter again. I guess I missed the Stkbull's Consultant part.
I don't know about baby food, but I think it does produce some degree of allergies in babies. Purina has an interesting answer in dog food. They have one food for dogs that are allergic to different meats where they have taked apart the protein and put in back together again so that it doesn't resemble any animal protein, like say horsemeat or chicken. It is a new protein and since the body has never seen it before it isn't allergic to it. But for babies, I guess they haven't gotten that far along.

 
In the mean time, while we are waiting to gather for those drinks, take a look at by 'old' web site and try 'Stkbull's Consultant'. It will review any stock you are interested in from a technical view poit. And, it does it rather well.

 
OK here is the deal. Judy fixes dinner for six. Tom and Andy, you both bring your wives. After dinner, the girls talk girl stuff and we gents retire to the den for single malt scotch and a lesson in charting. maybe next weekend, preferably on a Friday evning. If you both think you would be up for it let me know. By the way, I still like FCEL and QCOM. MOT is looking like a pause and retracement in the short term. I have a stop on KLIC at $11.25, but then I'm in at $9.00 just a short time ago. Guess that is 25% or so in less than a month. Can't complain. It should be hit tomorrow. ICGE is looking better daily. HPOL looks good, and QRIS maybe ready to take off if the market itself doesn't cause a disaster. I am not fond of MACD or Stockastics, unless you are trading short term. I am a mid-term trader and like the RSMA and break out patterns best.

 
The food thing is funny - our new baby seems to throw up the newest formula and lots of friend's babies do also - probably because it contains crap like corn syrup and other shit most people have never heard of. Market sucks today but PFE has a small rise but nothing worth talking about with your girlfriends. Tom - http://clearstation.etrade.com has a good tutorial on charts but I am still learning and don't fully get it yet. Buddy of mine works selling electronic computer related hardware says that Intel has a lot of projects in the pipeline that are going to be taking off in the future and are in almost every computer product, phones, internet, ect. - possibly a good long stock.

 
Is it too late for housing stocks? Insiders are dumping them like mad, but their earnings and orders seem to still be going up up up.
Can you imagine telling a Frenchman that he has just eaten some gene spliced lamb chops?

 
I too have thought about the new drugs and biotech products. The new info on fat brain chemicals is going to be the eventual end of fatness. I hope not to late for me. In the Bible it speaks of the lion will lie down with the lamb. Thought to be figuative. Probably is. BUT (and this is almost doeable with todays technology) you could splice some lamb muscle genes into a plant, even a weed to ensure good growth. and get lots of lamb for hungry lions to eat. I would prefer a crown roast and for that you need some bone genes as well.
Were you long MOT or short the other day?? If you were long (I can't remember) you are looking like a genius today!!!!!!!!
So what is slow stoch and fast stoch. I found all these technical analysis terms in the new Yahoo site (well same old site with new stuff and format) in their new part on tech analysis of any given stock. Let me know what you think of it.

 
Moving Average Convergence-Divergence (macd) which way the stock is trending and how it is going to run/trending. Bert - your input here! I was looking at software like you use to help spot chart trends and set stops and targets, ect. but the user still has to know what he/she is doing. Can you imagine what kind of drugs are going to be around in 30 years? No comment on the sex drugs. I plead the fifth.

 
OK. Would you give me a little simple explantion of what the hell slow stoch and fast stoch are? And while you are at it, what is MACD and MFI? Is slow stoch like after you take the new JNJ drug?

 
Back to the wonderful world of sex drugs. J & J has a pill in final trials that will be marketed for premature ejaculation. Would make a wonderful combo drug with Viagra, but Pfizer will have to buy J & J to get it. Dont laugh, no sooner were they through digesting Warner Lambert, than they ate Pharmacia Upjohn. What is the world coming to?

 
I was thinking of QCOM but it was out of my price range to be able to acquire a good amount of shares. I am sour on MOT due to the fact that I saw them spend lots of money on construction projects around 5 years ago without caution but that is a personal thing. It was good for the construction business but it seemed like they went overkill on construction then the market got hard for them. Plus you are right about broker calls - they are late to the game. Can you imagine how many boxes of cigars and sports events the broker analyists attend probably for free? This wouldn't be a reason to not buying them. I am watching ET and SCH. I was thinking about getting back into LEXR for a little while. Also was thinking of getting out of TD Waterhouse. Their online system is not too impressive. Maybe go with suretrade or e-trade? Have a good holiday. We are going gambling Sunday (blackjack/slots).... Talk about risk. I have also playing texas hold-em online with fake money online at pacificpoker.com

 
Well here I go again doing strange things. I usually do not do 'name' stocks. I leave the big stocks to the big boys. However, following Andy's brokerage stock (ET) and seeing it forming what looked like a good shorting pattern caused me to look at other brokerages. Walla! Several seemed to have the same look about them. A head and shoulders topping pattern. Then narrowing my search by dollar value, looking for something in my price range, I got down to ET and ....... SCH. ET was less expensive (at $8.50 or so) but did not have as far to fall to reach substantial support. SCH, however at about $10.75, was still inexpensive and had a pretty good drop to its closest strong support line around $8.00. That represents a 25% profit for a short position in a projected very short time frame (two to four weeks). So.... I am short SCH with a stop loss up at 11.25 and a goal of covering at $8.25 or less.
That is not all. I heard a major brokerage call a top on Motorola (MOT) today, just as I am looking at what appears to be a breakout thrust development on its chart. I like brokerage buy recommenations on the way up. They really support the climb. However, it is my observation that brokerages ALWAYS call the top to late usually with a "market perform" rating and a "topping" call is very often just plan wrong! So... I bought MOT today. The pattern is classic preparation for a breakout up thrust. A very close stop should work. If it breaks out, it could double. If it fails you will know very quickly.
Finally, I also bought QCOM based on a very similar attractive pattern. Almost a perfect copy of MOT. Take look and give me your thoughts.

 
Sold UCOMA today and will sit out awhile with the money market until something smacks me in the face.

 
Andy, I can't figure out UCOMA with this buy out thing. When I can"t figure it out - I get out. Got a huge profit. Why not get on the sidelines for a while.

 
Thanks. Was thinking of selling and sold ET today for 65% gain. Need to raise some $ anyway. Bert, sound like you have your priorities correct.... What is your take on the UCOMA buy out?: "Liberty Media Corp. (L,Trade) said on Tuesday it would acquire control of UnitedGlobalCom (UCOMA,Trade) by exchanging about $145 million of its shares for all the Class B shares held by the founders of the global cable provider. "

 
Andy - ET looks really bad! It has all the ear markings of a major pull back in the very very near future. You should have a tight stop or better yet just get out for a while.

 
Just got back from a trip to Indiana where I spent several days flying ultralights from dawn to dusk. I had forgotten how much I love flying. Anyway, Andy is right - it is get our of Dodge time for UCOMA. We have over 100% profit in just a short period of time.
As a replacement, I just bought FCEL around $10. I paid $1.95 for gas today. Fuel cells are a given for the future. It may not be tomorrow, but soon. The chart is at the breakout. I may be a little early. My stop is about $8.50 or so. Ideal situation would be another 100% gain allowing a sale of half the position and the retention of half the position for years to come esentially for free. If you had done that with 500 shares of Microsoft when Windows first appeared, where would you be today?
I put this one on my Clearstaion Rercommendation list. I am the 364st best stock picker in the nation according to Clearstation. Which does not mean much since many of the pickers there only recommend stocks that are about to do reverse splits. They buy pre split at say $2 and stock does a one for ten reverse slit and the Clearstation software reads the recommendation as a 1,000% gain over night. If I am holding my own against such shinanigans, I guess I can brag a little. I did not say much more in my Clearstation recommendation than I am saying here. However, if you are interested, if you sign up at Clearstation, you can get all my picks e-mailed to you as soon as I make them.

 
Bert, are you back to work or have you been busy with your hobbies?

 
PFE will have to re-invent itself - we shall see what happens. Too many jokes there. It seems to be the American way to get things cheap, fast, and accurate. LEXR is still going and looks like it will go further because it had a scuff with Sony or something that was dismissed or recended in court? Shouldn't watch it... Looking at NR (newpark resources - oil and gas related services) or SPN (Superior Energy - oil and gas equip/services) due to the coming rise in energy prices or may come across another energy related stock....

 
I am sorry to have rec PFE. They have disappointed. Now there is a (as the newcasters are fond of punning) a stiff competitor for Viagra. Also one is coming for Lipitor, although it has some very serious kidney side effects that may make Lipitor come out on top in the end. I find it hard (no pun intended) to understand how a company with their kind or R & D money can let other companies get this far ahead of them, especially on their big money products. I think this may be a buying oppertunity, but the reward may be a long way ahead. All American drug companies are fighting like hell to keep the Canadians from selling to Americans. If this isn't controlled, and people can buy drugs at 40% off, it will hurt them all. And, less money for research. I think that this will eventully come no matter what they do, but not in the imediate future.

 
Got out of LEXR this week at a double - thanks Bert, you spotted that one! Holding on PFE, ET, UCOMA, JDSU, and LU but may sell UCOMA soon and look for another buy at the "end of the summer break" which seems to happen every August / September when the market takes a break.

 
PFE anounced earnings down 3.6 billion. This was due to the massive expenses in the Pharmacia-Upjohn buyout. Also Lipitor sales were down. I would still hold this stock and even consider buying more. They are getting a lot of product line from Upjohn that isn't the big $ profit of the cox 2 inhibitors. Drugs like Depo Provera (birth control in females and chemical castration in males), Depo testosterone (old fashioned Viagra), Depo Medrol (one of the last long term coricosteroids still on the market). All of these drugs are off patent, but aren't big enough money makers for a generic company to go after them. At least so far. With them spending 7B on research (just a few years ago MRK was amazing the market by spending 1B), they have to come up with some great stuff. This is a one time write off!

 
Got stopped out of TWAV yesterday with just a few cents of profit. But then again there was NO lose! The chart still looks decent. I'll continue to follow it for a while.
Anyway, bought RMH Teleservices (RMHT) just under $6.00 - if it breaks over $6, it should go to ten with no problem. The Worden boys featured it last night and again this evening with mega reasons to go long. Suffice it to say it broke out of a sideways pattern, pulled back to the breakout line and then exploded out of the gate. The $6 level should become support. Any fall below $5.00 would be a get out of Dodge signal.

 
Cox 2 - which are inflammation related which is a fast growing line of drugs that may also cross boundaries to other diseases like Crohn's, Lupus, ect.... I bought a small amount of PFE last week for a long term ride. UAXS is looking good. Shoulda coulda woulda bought, but did not. I am having lots of children as a long term investment.

 
There is an interesting article in the St Louis Post Dispatch's on line news about the way Pfizer intends to use the research center in Chesterfield which they got when they bought Pharmacia-Upjohn, which had previously bought Monsanto to get the drug company Serle which had one of the big gun Cox 2 inhibitors. Now it's ALL Pfizer! It sounds like their new CEO, Gettman, knows what he is doing. $7.1 BILLION/yr on research. Amazing! Glad St Louis is getting some of it!

 
Today's purchases include Portal Software (PRSF) on the open at around $2.55 break out stock at $2.20 which is the support line. has a B- at IBD, new green bar at Clearstation along with 128 long recommendations to a paltry 5 shorts. It came public at about $19 topped out over $60. Very attractive chart with positive BOB, OBV, and RSMA. Set your stop at $2.00 just under the support.
And, Nanometrics (NANO) at about $8.00 with good support at $7.25 and again at $6.00 - so a stop at $6.50 should be pretty good. Its 52 wk high is around $19, it is in the green at Clearstation, getting 1/2 way to the high would give 100% gain, the talkers at Silicon Investor think it has legs to $20. Now that is a risk reward worth taking a shot at.
Mean while I am moving up my stops on MRGE, UCOMA, UMC, etc.
If you jumped on ICGE when it went down, you are probably happy with its over 50% gain yesterday!

 
My mode of thinking for my stocks is more raw gain than dividends because I am trading thru a SEP account which is similar to an IRA. (Just paying taxes on the whole amount when and if I get to retirement) BUT if dividends are going to greatly increase, I might have to re-think my strategy. SEP plans are great unless you have a few employees - then after a few years you have to contribute to their retirement the same percentage of salary.

 
BMY has always paid the highest dividend of the major drug companies. I heard on the radio today that if you go back in the market history like a century or so, dividends are half of the money made. And, with the new dividend tax, it should be even more so.

 
Anything over 100% is terrible. Why settle for that? I think we should all go to Edward Jones and pay them to sell us a mutual fund that in turn will take a chunk of the pie also. They will call you once a year and ask if you paid your yearly fee, not to ask how your finanicals are doing.....They will mail you lots of paper in the mail also.

Tom, thanks for the great ideas (Bert too, of course). I am leaning toward Pfizer so far but that is just a preliminary gut feeling from what I have heard about the company - They have a good amount of money spent for future development.... I will do more research on the web and wait for a pullback.

 
Opps, egg on my face. Turns out I paid $2.07 for GRA. Sold at $4.35. Guess we really did get over 100% on that one. Now I need to find a replacement for it in Marshall's little portfolio.