McDermott International Inc. (MCDIF)

[jugs]

If energy continues to roll along as has been the case these past 2-3 weeks, I think we'll exceed $5 before that. We hit $4.78 today, I believe.

You haven't been wrong yet, my boy...so let's keep on keeping on.

ALDW is my focus stock of the moment. I'm positive we're looking at $25 or greater by October---for a number of fine reasons. I'll take that 154% gain any day just for holding true for around five months. Throw in a couple of high yield distributions and you've got a near-fail-safe investment vehicle worth its weight in refined oil products, asphalt, storage, and the usual host of amenity offerings.

I'm in it for 2,400 units so far and chomping at the bit to add at something closer to the $9.50 level. I expect it to happen unless energy's return continues gathering momentum.

NGL is another huge winner for some of us frequenting this board, myself included. It closed today at $13.10 after having been available (briefly) on Feb. 11 for $5.70. It just went ex-distribution and on Friday is paying 39 cents per unit. I'm holding 9,321 units.

These highly profitable picks are out there for the taking. However, not everyone will go to the trouble to read a bit about their history and, in particular, whether or not the pick is decoupled from the plight of energy as a totality or is lumped into the same bag and thus doomed to suffer the same demise.

There will be more ups and downs, to be sure, but profit-taking following run-ups will be the deciding factor. A quick glance at a chart or two illustrating price moment over the last three weeks or less will provide enough information on which to base very sensible buy points.