Thursday, July 05, 2007

JULY 5
As long as AGG ( bonds – inflation) is going to trump economic reports, then short sells are going to work....Just pick out the ones that make sense....

Not liking transpo stocks...first sign of weakness and these stocks head straight for the door....I try to hand them their hat, but they are in just such a hurry...

CSX 2 for 1 split back in aug of 06 just keeps this stock from performing

$47 and CSX is through ....double top 30/70 ..work 30% of the time ...but in this case it’s 80/20....and you already have your first day of / sign / weakness today....

XAL double top at 53 or fails now....take your pick....CAL , LCC ,AMR,UAUA,,, Showing slow down...


but for traders who can't pull the trigger on a short....man you have psychological problems.....you must try to overcome them....fear of shorting in a bull market.....ok maybe I'm the nutty one...I do them because when the real bear market comes, i want to be as sharp as I can be....and another reason....they help time any short term general market pullback...

JULY 5
Just trying to buy anything ahead of fri employment report ( it’s bullish enough to overpower AGG (bond meltdown)...probably
Zee
MER, AXP,CCJ,wcc,AMZN,WFR,MM,FPL,CECO,HIG,XHB,VMC,UNG,DIA,SPY,QQQQ....all look good...avoiding oih and xle...today..

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