07/29/2005 - Did someone just flip the lights?

You know when you are at a bar and the manager flips the lights off and on to signal last call.?. I am wondering if Bank of America is pulling this event with MOT. Now, in the bar people do not all rush out the door. Some people stick around and finish their drinks. Still, others belly-up to the bar and order another drink.

I have never really witnessed and upgrade or downgrade affect a stock - long term. Plus, the big guys are buying MOT - they move the stock and they have their own analysts. So, the BOA downgrade may take a little wind out of its sails but I don't THINK it should destroy the beautiful uptrend that we are seeing.

I hope...

07/28/2005 - MOT - All aboard!

07/28/2005

I was looking at the chart of MOT last night and it caught my eye. Also, from all that I have been reading MOT is a Wall Street darling. The wagon is already moving but I think it may still have some momentum. I like that fact the MOT is developing new technologies that nobody really knows about. In other words, there is a pie in the sky mentality out there. So that should be worth a couple more layers of froth. All aboard!

07/27/2005 - A couple hits...

07/27/2005

Well, it is summer time in Boston and you know what that means. It's hot and humid and hazy. When that type of weather hits the town I like to escape to Cape Cod and take respite from the oppressive heat. I went down last night and tried a few casts behind Bassetts Island. Not much luck though, a couple hits. They looked like stripers. I was using surface lures and really going for Blue Fish. The tides was not with us either. Better luck next time.

07/24/2005 - I thought so...

So the SEC has halted the trading of CAFE. I am not really surprised. You read my post a week back? It just seems strange that CAFE could buy this company called GlobalNet that has this great technology that can save companies huge amounts of money on their electric bills. Why would GlobalNet sell out? We will see what happens on August 5th. Stay tuned.

07/21/2005 - AMAT and the others - where is the $$$?

7/21/2005 - AMAT

Every now and then I sit back and think about the days when one could make a killing in the semiconductor equipment sector. You would buy when earnings sucked and held until things just could get any better and your aunt was talking about how she just bought 75 shares of Applied Materials. Ah to be young again.

Well, I know I am not the only investor to feel this way. However, are the semi cap equip cos coming back to life or is this just another head fake? Too early to tell but I don't want to miss the ride. Wake me if I happen to fall asleep!

07/20/2005 - MSFT - Lessons Learned Good

MSFT 7/20/2005

I sold out of MSFT today. You may recall that I bought some the beginning of June. I marked the chart where I bought and sold.

My basic idea was to buy on the pull-back to the 13 week EMA. I did that OK. However, I bought when the momentum was still moving down. Big mistake. It all looks so clear today. Well, it was a lesson learned. So, buy when the weakness is over and strength is moving the stock up.

Out with a small profit. Still alive.

07/20/2005 - Ugly Americans

I just finished reading Ugly Americans last night. The book was an entertaining read, no doubt. I did feel duped though. If any of you have read Bringing Down the House, you would know whyI feel this way. Both books are written by the same author, Ben Mezrich. He basically took the same story from his first book and shifted it around a bit and came up with Ugly Americans. OK, it was entertaining, which was all I wanted. A good summer read nonetheless.

07/19/2005 - DIS is out

Well, DIS was sold this AM. The stock is showing more weakness and I can't afford to hold onto companies that could take years to come around. My strategy is to get in after weakness, ride strength and sell upon new weakness. So, that is what just happened. Small profit. Still alive.

07/18/2005 - BA is weak

BA 7/18/2005

Wow, it is July 18th already! Can you believe how fast the time goes by during the summer months? February in Boston can last about three months. July and August last about a week.

Looking at the BA chart and it does not look very strong. It is not a long and I would short it if I had more capital.

DIS showed another weak day. Lets see what happens tmrw. If there is more weakness we will have to dump this and regroup.

07/15/2005 - TGIF

The Market seems pretty happy about the news that has been released. DIS continued its move up today. I wish that HPQ came back a bit but I don't think it is going to happen.

CAFE moved up again! I still would not touch it with a ten foot cattle prod, plus buying a stock like this does not fit in my methodology.

So, we keep DIS until it tells us otherwise.

07/13/2005 - DIS

07/13/2005

DIS was ready to move up a bit. I liked the strength we saw today at the finish.

07/13/2005 - WOW look at CAFE!!!

HOST AMERICA CORP is going up up and away! As a greedy SOB I want to buy it but as a business man I have to stay away. There has to be some miscommunication here. You read about all these technologies in magazines yet this one seemed to have missed them. Something does not add up. Of course I would not be saying this if I bought at $3.

I did buy some DIS today at $25.51. Stock looks undervalued on technicals and the Company could be planning some strategical moves.

07/12/2005 - PEP revisited

7/12/2005

I was curious how some of my predictions have worked out. Here is one you may recall concerning PEP. This was a classic Bearish Divergence. The stock was moving higher but the MACD stalled out. You can see the correction that took place.

07/08/2005 - HPQ - sneak attack

HPQ 7/8/2005

I have had my eye on this stock for a while, ever since Carley was asked to leave. At least she got some experience doing a major acquisition. It will look good on her resume.

You can see that there is a long term up trend in place currently. I am reminded of Intel when I look at this chart. Intel showed some strength for a while and then went north for a few weeks. Of all the Dow stocks, this one is my favorite right now.

07/07/2005 - Hello!

Oh, it has been a long time since I last penned a posting. I can explain. I have two reasons for my hiatus. First, I am in real estate and it has been busy this summer. Also, I have not been doing much in the Market. So there you have it.

What about this housing bubble? Many people have asked me about the subject. I don't know the answer. Hey, check out this site. It is called "Condo Flip."

http://www.condoflip.com/

Condo Flip™ is an online marketplace where buyers, flippers (sellers), brokers, real estate agents, developers and builders can interact with each other and exchange preconstruction condo properties.

What about homeowners?

It seems like the real estate market is acting pretty normal. I don't see any speculation, do you?

06/17/2005 - OoOps!...

MSFT

I bought some "Big Green" the other day. I thought it was a good move. The stock was pulling back to its 13 day EMA. What went wrong. Well, I should have waited for it to start moving back up before I placed the order.

My readers know that I don't just post the good stuff. Here is a good example of ideas going the wrong way. Hey you can't win 'em all. My saving grace is that MSFT shouldn't be going out of business. I just did not catch this right.

DPZ

I am still holding onto DPZ. I think this one should creep up some more.

06/14/2005 - INTC

I was reading the Journal last week and they had a nice article how INTC's revenues are going to be up. If you looked at the chart of INTC, it was telling us something for the last couple weeks before the WSJ came out with this report. Who knows, maybe it was telling us about Apple's plans to use their chips? Anyway you slice it, the chart was telling us something before the news article came out in the WSJ. I know what you are saying, "tell me something I don't know." Put it this way - let me show you what happened after the news came out:


INTC 06/14/2005

Now, who bought the stock after the news came out? Is the run over now?

06/08/2005 - Hello / Whats' new?

Gosh, it has been awhile since I last wrote in this blog. I have just been busy with my full time job - real estate. What are your thoughts on the real estate bubble? I was reading the New York Times and the writer said that if you wanted to compare the real estate bubble to that of the NAZ, we would be at about the 3000 mark. Still some room to the upside.

I have a beautiful one Bedroom for sale in the Back Bay of Boston. Great city views and sunny! - asking $375K. Great for an investment or to live in.

5/28/2005 - MSFT is creeping - Drugs Stocks???

MSFT 5/29/2005

I was looking at some charts yesterday and noticed that MSFT is moving up quietly. It broke out of resistance last week and is above its 12 day EMA. The weekly chart shows that MSFT is trending up too. It would be nice to see MSFT come back to its 12 day EMA and be able to buy some shares. If it acts like INTC we won't have a chance to get in before the blast-off.

What the hell is it with these drug companies? Investing in these issues is like walking over an Iraqi minefield (I think, I have never been to Iraq but I saw some pics in National Geographic). Just as I was looking at Pfizer, a press release comes out about Viagra causing blindness. The stock sinks on worries of litigation and possible earnings collapse. My late uncle Alex, who was a great business man, would always invest in the top blue chip companies like a Pfizer, Intel or Coke. I wonder if he would still care to invest in big pharmaceutical companies in 2005. Drug companies are a tricky group these days. Are they worth the risk?

05/26/2005 - INTC and Pfizer - sneaky stocks

Hey, have you noticed INTC and PFE? These stocks are moving. I had my eye on them but they are getting away. Take a look at INTC's chart! I am waiting for this to come down a bit but she won't budge - just goes higher and higher. I would buy but I know the stock will come down after my order gets filled.

I am now looking at HPQ, Big Green and Mickey. I hope I don't fall asleep at the wheel on these stocks.