Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0

CSL I reckon thats a good buy , but I also think that breaking above $33.00 & holding is going to be a real test. So that gives you 30% before tax anyways. I see CSL having to a least retest the recent lows before being confident that the sell off(long term) is over.

A number of Bio's look oversold & ready for a bounce I'm looking at trading them.
Some of those are,

QVL..PSX..PEP..MTR..IMI..GRO..CIR..BRC

I'm holding NRT & buying more.(looks good)Also a bit & I'd like more of SRX & CST.

EPT which is a crowd favorite broke above res yesterday.

The sector Health is looking good only thing I'm watching is that a fair % of the charts look bullish shorter term with the longer term outlook still not settled, riding with tight stops & pushing into my margin money.

Banks look weak but I'm not shorting them yet.

CML is another that looks oversold & ready to provide a nice bounce at least, I'm buying for a long account.

I'm doing some work on PSN(yet to decide) as again it looks very oversold & I'm looking for some exposure in the sector.

Sectors like FERTiliser also look interesting SYM..RHL..NUF.

Well thats enough waffling for one day.

JR

Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.