Mad Money Machine

by Paul Douglas Boyer

ENG Downgraded, IBD Free

The MMM Cramer 2006 portfolio slipped today while the ETF posted a small gain, slightly narrowing the gap. Mostly due to an analyst downgrade from Buy to Neutral of Englobal (ENG). We’ll see how that works out. Let’s take half off the table tomorrow at 10:30. Might swap that half into Nabors (NBR), but I need to do some checking before then, otherwise rest in cash.

Jim also says to take some GME off the table. I think we may swap completely out at 10:30 ET tomorrow just to keep the bookkeeping easy. Stay tuned…

Also, Investor’s Business Daily is free this week. Take advantage of it! Hint: You can download past issues too. Get ’em while the gettin’s good.

Will put out a new podcast either tomorrow or Friday so be on the lookout for MMM-005! And I’ll pick the winner of Cramer’s Book and the RARE Mad Money notepad. If you haven’t entered the drawing yet, listen to the MMM-004 podcast (below) for details, but do it quickly!

Wed, January 11 2006 » Uncategorized