5 replies to this topic

[Cirrus]

I like the PD acquisition. They have heavy industrial metal exposure (copper+) and you get some gold exposure, too. This one could be an institutional favorite given the size and structure of the company. I won't even mention valuation.

I've seen this before with large caps. When they consolidate this long the breakout could last quite a while once it occurs. I don't think it's fully bullish yet but IMHO the weekly chart will tell the tale into late spring.


http://stockcharts.c...08591&r=247.png

[hiker]

I have yet to see a Cramer favorite not experience a price washout of weak hands within a few weeks of his initial recommendation...FCX may be one for the history books in that respect, but it will need to prove itself. of all the Cramer picks I have followed for 18 mos. , JSDA seems to be the most long-lived rising trend which bounces from every pullback to date. just an fyi on that minor subject...posted an FCX weekly chart with brief comments in the CMGI thread above cheers, Cirrus list of a few Jim Cramer picks I monitor - % column next the symbol is distance from 52-week high Symbol Pct from Yr High Change - - - - - AAPL Down 2.85% Up 1.50 Up 1.60% - - - - - ABG Down 1.85% Up 0.07 Up 0.25% - - - - - ACN Down 6.96% Up 0.11 Up 0.30% - - - - - ADBE Down 1.43% Down 0.09 Down 0.21% - - - - - ADM Down 23.55% Up 0.08 Up 0.22% - - - - - AKAM Down 14.56% Down 0.37 Down 0.72% - - - - - AMGN Down 25.44% Down 0.61 Down 1.05% - - - - - ATI Down 1.68% Up 0.14 Up 0.13% - - - - - AUY Down 6.22% Up 0.26 Up 1.82% - - - - - AVAV Down 10.42% Down 0.33 Down 1.39% - - - - - AVT Down 1.57% Down 0.30 Down 0.79% - - - - - AW Down 10.99% Down 0.24 Down 1.84% - - - - - BBI Down 6.85% Up 0.06 Up 0.89% - - - - - BNS Down 1.08% Up 0.03 Up 0.06% - - - - - BSTE Up 43.85% Up 28.31 Up 51.12% - - - - - CHL Down 11.76% Down 0.12 Down 0.26% - - - - - CLHB Down 13.18% Up 0.79 Up 1.70% - - - - - CLWR Down 26.19% Up 0.07 Up 0.34% - - - - - CMG Down 6.30% Down 1.30 Down 2.01% - - - - - CSCO Down 10.07% Down 0.13 Down 0.49% - - - - - DENN Down 16.79% Down 0.02 Down 0.43% - - - - - DEO Down 4.71% Up 0.06 Up 0.08% - - - - - DGX Down 23.38% Up 0.59 Up 1.20% - - - - - DLB Down 2.79% Down 0.40 Down 1.15% - - - - - DNA Down 7.32% Up 0.60 Up 0.73% - - - - - DST Down 0.53% Down 0.12 Down 0.16% - - - - - EAT Down 8.87% Down 0.47 Down 1.42% - - - - - EBAY Down 20.21% Up 0.73 Up 2.29% - - - - - ECOL Down 31.17% Down 0.31 Down 1.59% - - - - - ELOS Down 14.64% Down 0.62 Down 2.25% - - - - - EMU N/A% Up 0.30 Up 2.57% - - - - - FCX Down 11.02% Up 1.92 Up 3.08% - - - - - FNSR Down 40.16% Down 0.02 Down 0.76% - - - - - FSLR Down 4.98% Down 1.35 Down 2.32% - - - - - FTEK Down 13.38% Down 0.37 Down 1.42% - - - - - GBX Down 42.44% Up 0.17 Up 0.64% - - - - - GILD Down 1.21% 0.00 0.00% - - - - - GOOG Down 9.79% Up 0.92 Up 0.20% - - - - - GS Down 5.67% Down 1.79 Down 0.84% - - - - - GSF Down 3.48% Up 0.07 Up 0.11% - - - - - HAL Down 25.74% Up 0.09 Up 0.29% - - - - - HLYS Down 24.37% Down 0.64 Down 2.07% - - - - - HNZ Down 2.44% Down 0.24 Down 0.51% - - - - - HOLX Down 0.15% Up 0.77 Up 1.30% - - - - - HPQ Down 7.96% Down 0.19 Down 0.47% - - - - - IACI Down 6.39% Up 0.16 Up 0.42% - - - - - IGT Down 17.38% Down 0.63 Down 1.54% - - - - - INWK Down 38.16% Down 0.03 Down 0.26% - - - - - ISRG Down 6.96% Up 1.16 Up 0.95% - - - - - JSDA Up 4.48% Up 1.59 Up 7.93% - - - - - KKD Down 28.21% Down 0.10 Down 0.99% - - - - - LTM Down 6.03% Down 0.50 Down 0.96% - - - - - LVLT Down 9.12% 0.00 0.00% - - - - - MO Down 5.82% Down 0.23 Down 0.27% - - - - - MRVC Down 18.67% Down 0.06 Down 1.61% - - - - - MRVL Down 42.68% Down 0.35 Down 1.92% - - - - - MSFT Down 11.31% Down 0.10 Down 0.36% - - - - - NCC Down 4.42% Down 0.21 Down 0.56% - - - - - NHWK Down 35.86% Up 0.21 Up 1.18% - - - - - NSTK Down 45.60% Down 0.29 Down 2.60% - - - - - NYX Down 19.37% Up 2.58 Up 2.94% - - - - - OPTM Down 27.77% Down 0.21 Down 1.06% - - - - - OPXT Down 17.79% Down 0.06 Down 0.36% - - - - - PAY Down 12.66% Down 0.49 Down 1.30% - - - - - PETM Down 1.40% Down 0.28 Down 0.86% - - - - - PSA Down 18.28% Down 1.79 Down 1.84% - - - - - RAD Down 10.94% Down 0.11 Down 1.89% - - - - - RIG Down 9.17% Down 0.21 Down 0.26% - - - - - RIO Down 15.19% Up 0.27 Up 0.73% - - - - - RVBD Down 22.76% Up 0.44 Up 1.60% - - - - - SDXC Down 17.55% Down 0.19 Down 1.04% - - - - - SHLD Down 4.05% Up 0.29 Up 0.16% - - - - - SKS Down 5.31% Down 0.37 Down 1.79% - - - - - SLB Down 7.52% 0.00 0.00% - - - - - SRCL Down 1.54% Down 0.43 Down 0.52% - - - - - SVNT Down 21.84% Down 0.47 Down 3.68% - - - - - THS Down 10.24% Down 0.01 Down 0.03% - - - - - TMO Down 8.42% Down 0.55 Down 1.19% - - - - - TROW Down 3.90% Down 0.39 Down 0.80% - - - - - UA Down 5.46% Down 0.15 Down 0.29% - - - - - UNTD Down 5.04% Down 0.20 Down 1.41% - - - - - USB Down 2.52% Up 0.01 Up 0.03% - - - - - VFC Down 1.22% Down 0.35 Down 0.42% - - - - - VMED Down 16.97% Down 0.36 Down 1.38% - - - - - WCI Down 23.51% Down 0.05 Down 0.22% - - - - - WSII Down 14.18% Up 0.03 Up 0.29% - - - - - YHOO Down 7.54% Up 0.15 Up 0.48%

Edited by hiker, 26 March 2007 - 01:20 PM.

[Cirrus]

Hiker, I agree about your thesis on Cramer picks. I will say that FCX is bigger than Cramer, though. It would be like Cramer recommending GS, NE or something of that magnitude/market cap. There's also the PD acquisition so there is a little 'arb' activity, too.

[hiker]

yes btw, Cirrus, BRCD is riding the upper weekly BB and has not broken the 5 week sma for a while..bullish while above approx 9.80 or so

Edited by hiker, 26 March 2007 - 01:30 PM.

[securelstmile]

I have to agree with you both on Cramer. That is why I hate it when he recommends one of my stocks. Sometimes there is s steep wash out. Longer term his picks can be quite good but some never recover. I still think he gets in on the final third of a rally most of the time.

[Cirrus]

FCX doesn't look like it's in the final third if we get a weekly BO w/follow through on volume. Given the base it could run for a while.