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Wed: Buys PPH X GP RMBS Sells SPX IWM OXY OIH GOOG

 
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arthur
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PostPosted: Tue Jul 05, 2005 10:19 pm    Post subject: Wed: Buys PPH X GP RMBS Sells SPX IWM OXY OIH GOOG Reply with quote

Wed: Top Buys PPH X GP RMBS Top Sells SPX IWM OXY OIH GOOG

PPH is fundamentally undervalued and may rise over seven points to above 80 this year. X is also fundamentally undervalued and may rise five points to 40 quickly. GP (and IP) are beaten down paper stocks with little risk. RMBS can bounce big on a court ruling. SPX may continue the 1,190 to 1,210 range this week. IWM is a long-term short. OXY and OIH are relatively overvalued oil stocks. GOOG may fall big after earnings in Jul.
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