Zeev's Ideas

[Koikaze]

ZEEV, DOW GAMBIT - up to ZEEV:217657, 03/14/04

03/13: (217513) (*COMMENT*)
zeev, any dow gambit for your turnips spring rally?
(*END*)

krazikid, I had a little more time to cogitate on the issue of issuing a new Dow Gambit.

Here are the results of that cogitation and please disregard #msg-2584234.

In the following are 8 of the 30 Dow stocks with entry ranges, stop losses and target for the late spring rally into early summer:

 
   AA $30.75-$31.75   SL $28.75   Target:  $38.5 to $42. 
  JNJ $47.10-$48.25   SL $44.75   Target:  $55.2 to-$62. 
  HON $28.1 -$28.75   SL $25.95   Target:  $37.2 to $43. 
  MMM $68   -$72.5    SL $66.25   Target:  $84.5 to $87. 
  IBM $88   -$90.5    SL $86.75   Target:  $100  -  $110. 
 INTC $24.75-$25.5    SL $23.25   Target   $34.5 to $39. 
  MRK $39.5 -$41.5    SL $37.95   Target   $52   to $56. 
   IP $36.5 -$38      SL $35.25   Target   $45.8 to $49. 
 

As we go into this month end expected swoon down, I will try and point out entries and then we'll try and hold these for at least a month, maybe even three to six months and see how far we go. I would not suggest selling just because a target range has been reached, but would surely tighten the stop if that were to happen. Good luck to all dow players, and I hope that during the last 15 months or so since the last Dow gambit, you conservative Dow players played the core issues, if you did, you surely are quite ahead of the game and far ahead of the averages.