Gadda's Garbage Truck

Well, double take and take two on almost everything.

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Location: Salt Lake City, Utah, United States

I am an amateur investor, playing with a little money on the side, and trying real hard to make genuine sense of the macro economic conditions, the Markets etc. Important Note: The writer of this blog is an amateur. I invest and write for personal enjoyment. I do not recommend stocks. I offer free consultation but you must be responsible for your own investment decisions!

Sunday, June 05, 2005

Stocks to Play!

1. DWA - Based on Madagascar's run to the top (the movie sucked according to a couple of my parent-friends - but nevertheless a play!) and the slowdown of the Sith :-(
2. PCU - Just crossed the 200 DMA - bound for a breakout after the overselling.

CME is still a good buy till close to 255-260 - based on the valuations we tend to give GOOG and given the fact that they just increased member fees for the first time since 2000. And, unlike EBAY, members of CME dont have another Overstock.com to run to. Note my post when I said CME was a good buy @ 191.

Had been outta commission for the last 2 weeks as my system was hijacked by some hippie's unwashed hands, and my work took precedence and then my dentist managed to stitch my cheek to the gum. But the unabashed capitalist in me roars still waiting to break out.

Watch the oil prices climb along with the DOW and the NASDAQ. I maintain that the oil prices are a lagging indicator and will make the mkt retreat in the short term. For those playing COP, please note that the P/E for the ttm does not take into account the split, and should be read as 8.22.

Good luck in your trading!

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