Tuesday, June 17, 2008

Waiting... On PCX. HK/DBA solid for now. Oil tomorrow

Well, DBA & HK are working out nicely, wish a bought a couple more calls, but it is always a good idea to get a pay off before adding to risk. I missed Gioʻs earlier post on BTU (i was actually looking at that earlier this year), it is a favorite among coal plays.

ADBE & LEH were poorly timed, but had i waited to buy their puts just prior to earnings and farther out in time, i would have had a return.

CRK (as suggested by Gio) i noticed had solid technicals. you cannot dispute the chart. Compare FSLR last year with CRK this year and you can see where this is going.

In regards to PCX... there is some consolidating going on. the upside is real. Crude oil numbers will be out tomorrow... will see how it affects other energy related securities. But i need to find a way to get in PCX for sure... it has everything going for it, newly publicly traded, the $ are flowing into its sector, and the charts...

LAKERS play tonight. I think they will lose. But if they are going to take advantage of the Celtics aging/injured team then tonight is the night. I am tired of how the media keeps bringing up Gasol being soft (or maybe that is a good motivation thing) and how much the Celtics are banged up... Hey you dont see the Lakers crying over not having Bynum. The series would have been done by now if he was around. Would Garnett or Perkins be labelled soft if they were getting bulldozed by Bynum? Nope. They would say weight and strength advantage. That is all that is. I respect Doc Rivers for not complaining. He is a good coach. The Lakers have grown up ALOT this year. I expect them to bust their butts in the summer. Gasol should lift some weights... Everything else in his game is solid, he just needs to do more squats and upper body stuff to deal with the Power Forwards next year. I do predict that the Finals next year will be....

Celtics & Lakers again...

No sports to watch until September Football... Which is good - I have important stuff to get done until then.

1 comment:

Gio said...

Got two more good picks that have big potential...

AFAM ... take advantage of all those care home businesses popping up.

APWR ...my top momentum pick. Sorry, no options. But China + Energy? I think China has the biggest demand for energy of any country.

I will watch Lakers first quarter. they have to withstand the Celtic's Q1 energy, and quiet the crowd... if they can do that, they can win. That puts Celtics in panic mode. It's actually better to lose game 4 than game 5... LA has nothing to lose, so they should play focused.

I'm working on a new website as a summer project!! Hehe. I'll let you try it.