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Mon: Buys PPH RMBS Sells OIH TLT GOOG

 
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arthur
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PostPosted: Sat Jun 11, 2005 5:57 pm    Post subject: Mon: Buys PPH RMBS Sells OIH TLT GOOG Reply with quote
Mon: Top Buys PPH RMBS Top Sells OIH TLT GOOG

PPH and RMBS are long-term buys. OIH is volatile and near the top of its trading range. TLT may be in a downtrend this summer. GOOG created a bearish engulfing, and fell below its 10 day MA for the first time in two months Fri. GOOG may pullback to the mid 260s next week, which is major support. That may be an opportunity to buy calls, since there's an open upper gap at 293.
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