Wednesday, September 26, 2007

Bull Run Continues

I was heading out to lunch the other day and saw this bull bike. You definitely don't want to be in front of this bike! Anyways, the bike kind of reminded me about this bull market. It's all systems go with the fed being our friends. I haven't made any major adjustments to my portfolio. I'm still heavy with the biotechs such as Amgen (Ticker: AMGN), Biogen (Ticker: BIIB), Celgene (Ticker: CELG), Genentech (Ticker: DNA) and Genzyme (Ticker: GENZ). Although I did trim my Biogen position to a very small position now. It's almost not worth mentioning. What's new? Well, I finished building up a new position in Monsanto (Ticker: MON). This is going to be huge over the next couple of years as the European countries become more receptive to GMO crops. I'm in this one for the long haul. There just so much positive forces in play with Monsanto.

Oh, here's the picture of the bull bike! Yeah, I do work in an area with weird people...

1 Comments:

At September 28, 2007, Blogger z-stock said...

My Sept blog records it’s best performance ever, 99 winning recommendations and only one loss...

XLI looking awfully toppy, i give it one or two more up days, and then you had better buy some QID AND VIX, as a hedge.
If XLI is to succeed in going higher, DOW must clear 14,100....
zee

 

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