tag:blogger.com,1999:blog-2335748440449035592.post597964011649292952..comments2008-07-01T10:42:22.527-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2335748440449035592.post-18542967035958193652008-07-01T10:42:00.000-04:002008-07-01T10:42:00.000-04:00Jerry, I get that question about once a week so I'll give my usual answer. In the long run Uranium should go up. But its more of a long long term play. Just getting a nuclear plant up and running takes many years so as people make the decisions now its going to take 4-8 years to get plants up. The sector has really underperformed this whole commodity move, but perhaps money will rotate into it as its been stronger the past month or so.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-68180673614331050212008-06-30T23:57:00.000-04:002008-06-30T23:57:00.000-04:00mark, any thoughts on Uranium price/nuclear power trend? CCJ is making good move. USU has doubled from its bottom. Your coal secular trend play is awesome. Coal stocks making new highs as indexes making new lows everyday. Could this Uranium be another secular trend?Jerryhttp://www.blogger.com/profile/16162525656807620846noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-62582142051318201892008-06-30T13:29:00.000-04:002008-06-30T13:29:00.000-04:00HI <BR/>What is difference between the russell 2000, 1000, etc. I see youre short the REW. the Russell 2000 ..what is diff?<BR/>ThanksDr. Baugushttp://www.blogger.com/profile/03051515116594443127noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-71892300679823761682008-06-30T12:58:00.000-04:002008-06-30T12:58:00.000-04:00ya.SPY chart has a nice round top like Jeffy Macke's sloppy head.<BR/>looks like a inverted cup handle..we need the bounce for the formation of reverse handle and ultimately fail..<BR/>but too many people are expecting the washout below 1275..might delay the proces..yes..its tricky.<BR/>still hoping that "MA" to break that 270..hanging in there like a cliffhanger.Passionate Investorhttp://www.blogger.com/profile/13667970151880837018noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-658189042281875522008-06-30T12:53:00.000-04:002008-06-30T12:53:00.000-04:00Tricky situation right now. We are so oversold, and as I outlined earlier the most probable direction is a bounce off that huge support level, which in time will fail.<BR/><BR/>But the question is what rallies in the bounce - one could make a good case the worst of breed does. But impossible to tell until it happens.<BR/><BR/>GOOG is my tell right now for NASDAQ - it looks like a broken chart. But it did last quarter before an earnings report that destroyed shorts. <BR/><BR/>the hot sectors are so overbought and so full of people they get me very antsy. Hard to commit money to a place everyone is hiding.<BR/><BR/>Tricky, very tricky. I am hoping for a better bounce than this to re layer in so short exposure. I would doubt that is the last test of 1275. So far this is playing out textbook - so we'll see how far we can go on the bounce.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-68738372231144683652008-06-30T12:50:00.000-04:002008-06-30T12:50:00.000-04:00hmm..goog, rimm, appl not participating in this modest rally..<BR/>have to cautious about tech..hmmmPassionate Investorhttp://www.blogger.com/profile/13667970151880837018noreply@blogger.com