Tuesday, September 18, 2007

Buying NUAN

NUAN 200 shares @ 18.22
FWLT 100 shares @ 126.2
MICC 50 shares @ 73.85

2 Comments:

Blogger TakeStocK said...

With the Fed rate Jackpot do you think are we in the start of a bull run ?

But I dunno why you sold MDR , not buying back again ?

I mentioned FCX before in your blog ..Made a nice rally in the last few days and with Gold season and gold price kicking in ..seems decent at least for a month or so.

5:03 PM  
Blogger Andrew said...

Great questions.
With a fed rate drop, we will see a major bull run in the short term.
* Earnings rolling in and things will still be positive
* Short squeeze - watch thi sone in particular

I had MDR set to sell at $50 because I think it is getting ahead of itself in the short term.
I prefer FWLT right now, but both service similar sectors (although I favor MDR much more)

I know a lot of people love gold. Did you know that almost every other metal has out performed gold, including lead? The reason being gold is a luxury good whereas other metals are actually being used and consumed.
I agree that Devali (sp?) will drive prices in the short term.

5:28 PM  

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