I'm dizzy and seek your opinions

[Flyboy]

What infrastructure play would you trade in the next month or so? I realize some of these have already had a pretty good run up, but on any pullback (which I'm hoping for), which one would you play and why?

I have been playing KBR for the last two months already and have a good bank from it. Sold off KBR earlier this week a bit too early, but hey, bank is bank.

Appreciate your input...

Symbol/52 week high/low/last as 01/08/09

ACM 98.31/26.00/51.70

MDR 67.14/5.98/13.14

CBI 58.30/5.10/12.09

SGR 69.25/11.47/27.33

MIC 34.26/1.93/5.73

STLD 40.25/5.13/13.57

ACM 34.50/14.43/29.16

ITW 54.39/28.24/37.00

URS 50.91/19.94/39.80

MTZ 15.74/5.55/12.23

KBR 38.53/9.75/17.08

CX 32.61/4.01/10.29

Amazing where some of these were and where they went:eek2:

Are there any others you are considering:confused2:

TIA, Paul

[Random]

These are the ones have played in the past week, and might get back into tomorrow or monday or sometime soon...

BGP
FTWR
MBI
ARTC
PDLI
ETFC
DOW


Those are the ones off the top of my head.. I looked at all the stocks you listed on the chart (not the fundamentals) and saw all look overbought and you said you were waiting for a pullback.

As for if I would play those.. If the charts looked right I would. I don't really care too much about them on stocks I hold for 1-3 days which it usually what I do.

The stocks in bold, are the ones I might get into tomorrow we will see.. Maybe something for you to look at.

Also, I'll try and answer your first questions in a minute.. Probably would be some sort of energy play..

[Flyboy]

Thanks Random,

I'm far from a chartologist..wish I was better, but I'm not. Besides, I believe that fundamentals (notwithstanding debt) has not been the best approach in picking and playing stocks for the past six months:confused2:

I'll look at your choices and thanks again for posting.

[StockHopper]

I like BGC and TRN.

Have been riding BGC since $11. It's experiencing a pullback, but I'm buying the dips. TRN as an infrastructure and wind play.

[Flyboy]

These are the ones have played in the past week, and might get back into tomorrow or monday or sometime soon...

BGP
FTWR
MBI
ARTC
PDLI
ETFC
DOW


Those are the ones off the top of my head.. I looked at all the stocks you listed on the chart (not the fundamentals) and saw all look overbought and you said you were waiting for a pullback.

As for if I would play those.. If the charts looked right I would. I don't really care too much about them on stocks I hold for 1-3 days which it usually what I do.

The stocks in bold, are the ones I might get into tomorrow we will see.. Maybe something for you to look at.

Also, I'll try and answer your first questions in a minute.. Probably would be some sort of energy play..

:confused2:Ummm, with the exception of DOW, why do you think these are infrastructure plays:confused2:

BGP is a music/movie superstore :dong:..and the others:confused:

[Flyboy]

One more thought...

Where would one look for the 'smart grid" infrastructure play?

[Random]

:confused2:Ummm, with the exception of DOW, why do you think these are infrastructure plays:confused2:

BGP is a music/movie superstore :dong:..and the others:confused:

You asked what we were playing and missed the infrastructure part ;) , and I had typed it out and totally missed the first question and was like screw it lol .. I read through posts too fast sometimes.. Anyways here are my picks..


AMSC
ABB
JEC
FLR
SGR
FWLT

Hope thats better :D

[Flyboy]

You asked what we were playing, and I had typed it out and totally missed the first question and was like screw it lol .. I read through posts too fast sometimes.. Anways here are my picks..


AMSC
ABB
JEC
FLR
SGR
FWLT

Hope thats better :D:top::beerglass:

[Random]

One more thought...

Where would one look for the 'smart grid" infrastructure play?

http://www.altenergystocks.com/archives/2008/12/smart_grid_stocks_for_the_obama_stimulus_package.h tml

[WiqqyNYU]

Random, can you briefly tell me what Fundamentals your talking about. I went on investopedia but it did not help much. As a matter of fact, I have a feeling i know what the article is going to say before i read further. Bothersome..:frown:

And does a high P/E always show signs of good?

[Runswithscissors]

Also look at CLF on pullback to low to mid twenties.

http://images.barchart.com/charts/CLF.gif

[Horsefish]

And does a high P/E always show signs of good?

Wiggy: In a really bad economy like this one there is no way to determine the value of "E". Earnings are suspect at best and likely to go down no matter how good a company is. The "P" is right in front of your face. Useless fundamental. If you know what the company does and you think that it's earnings will spike up sometime in the future because it has a product or service that will come back into demand when the economy picks up, then it may be a candidate for a long term investment. [ read that 1 to 3 year return on capital ] If you have enough capital to tie up for that much time, God Bless. R%ight now P/E is a useless fundamental. Better to stick with market timing/ sentiment/ psychology. Fundamentals do not work here. Technical studies are better but still subject to circumstances that have never been faced before. IMO there is no amount of "homework" that you can do to get a leg up on this market. Try to get a feel for where the market will go in the next few weeks. IMO, down to SP500 800 to 820. Best of luck.

[Runswithscissors]

Wiggy: In a really bad economy like this one there is no way to determine the value of "E". Earnings are suspect at best and likely to go down no matter how good a company is. The "P" is right in front of your face. Useless fundamental. If you know what the company does and you think that it's earnings will spike up sometime in the future because it has a product or service that will come back into demand when the economy picks up, then it may be a candidate for a long term investment. [ read that 1 to 3 year return on capital ] If you have enough capital to tie up for that much time, God Bless. R%ight now P/E is a useless fundamental. Better to stick with market timing/ sentiment/ psychology. Fundamentals do not work here. Technical studies are better but still subject to circumstances that have never been faced before. IMO there is no amount of "homework" that you can do to get a leg up on this market. Try to get a feel for where the market will go in the next few weeks. IMO, down to SP500 800 to 820. Best of luck.

Ain't that the truth. :dong: But still, look for solid companies with cash, dividends, low debt ratio and study the charts. I mentioned clf above because 1: they have 2 local mines and I know the former ceo and they are expanding into new pellatizing technology that will make them more efficient, 2: they have alot of cash on hand and are diversified in their operations 3: because their swings have been quite predictable and they pay a small dividend and personally I believe in the company.

Do your homework and find a company that you are comfortable with. I bought stx the other day because I liked the company, how it was being run, their products and their balance sheet etc etc and what do you know, it took off for me. :mrgreen: If I keep it, I feel good about it knowing that they'll be above their competition. I also bought fnm at a good price on pure speculation that it has the chance to be a 2 bagger in the near future. So many ways to play. Right now I'm mostly in and out of just about everything on swings.

[WiqqyNYU]

After reading much on this forum, i think Im not in for very short term trades( less than 4-5 weeks). So im going to stick to F/A and try to figure out the best buy for the future. Thanks for your help.