Re: [RT] Time to sell

["Jim White" <jwhite43@xxxxxxxxxxxx>]

The semiconductor index (SMH) put in its high on 11/3 and  after trading within the range of that bar, has begun its decline. I believe it will trade at 31 before turning back up. The puts have been excellent for this trade.

The natural gas trusts are a mixed bag - some going up - some still declining. The weekly trend is somewhat troubling as it is down but, if you select the right ones and right time, these are excellent trading vehicles.

Jim

----- Original Message -----

From: Jim White

To: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, November 03, 2004 11:52 AM

Subject: [RT] Time to sell

It's time to sell the semiconductors again and buy energy stocks. I expect
most of the semi stocks to begin a decline in the next two days. Puts on the
SMH are reasonable and  a good way to play the move.
A number of Natural Gas trusts are also moving into a buy window. Last month
I made 10% trading these stocks - and if they don't go up, they pay a 10%
dividend monthly.

Jim White

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