Singles and Doubles...
This is a very difficult market environment; you have to go for the singles and doubles. You don’t want to go for the home run swing and strike out. I’m continuing to play the arb game with positions in Choicepoint (Ticker: CPS), Inc and Apria Healthcare Group (Ticker: AHG). Hopefully, both of these should close at the end of Q3 or early Q4. I’ve also been writing some covered call positions against some of my holdings. The next couple of weeks should bring a lot of action with companies reporting Q2 results.
posted by Money Turtle @ 4:05 PM
2 comments
2 Comments:
Hi, Money turtle
Long time no see---
I have great short sell signals on AMGN BBH CELG AND GENZ--
I put up some regression charts at my site. So far this week they have worked 11 out of 14
I just found these 4 tonite.
zee
The big cap biotechs are my favorite group right now, but they are due for a small pull back after this nice run. Any correction in the big cap biotechs is a buy. I still have positions in all the big cap biotechs: Amgen, Biogen, Celgene, Genentech and Genzyme.
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