Sunday, May 20, 2007

So many breakouts, so little time..

I was flipping through a number of charts earlier, and, no surprise, there are lots of strong looking charts in the energy area, including the XLE and OIH ETFs. A few months ago, someone asked me to highlight more trades, but I'm hesitant to do that for various reasons. Highlight some ideas, yes. Suggest trades, no. [BTW: Nice move on HUSKF so far, $71 to $83, and I still like it.]

These are the stocks that look appealing to me, some of which I already own:

SWN
DNR
OXY
CVX
GSF
ECA
TDW
MRO
PBR
IMO

SWN, OXY and IMO are particularly appealing to me at the moment, and, since I don't own those, I may be adding them, depending on how they trade.