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Thu: Buys SMH BMY IMGN FMDAY SMSI Sells OEX TLT

 
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arthur
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PostPosted: Wed Dec 22, 2004 5:01 pm    Post subject: Thu: Buys SMH BMY IMGN FMDAY SMSI Sells OEX TLT Reply with quote

Thu: Top Buys SMH BMY IMGN FMDAY SMSI Top Sells OEX TLT

If SPX rallies to 1,250, then SMH may rally about two points. BMY is still an undervalued drug stock that may be a buy at 25 1/4. IMGN showed some life today and may rally higher. FMDAY and SMSI may be buys on pullbacks. OEX may hedge SMH. TLT will fall when market interest rates rise.
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