PETROHAWK ENERGY CORP COM (HK: NYSE) ....our pick of the year! NEW 52-week high!...again.

new 52 week high today $16.56

Current price:

16.49
+0.35 (+2.17%)

These dips look great from the outside in!

BUY ON THE DIP!

WATCHLIST UPDATE : We just talked to a STEEL vendor who we trust and he said STEEL is going crazy!!! (SIM) (GNA) (STLD) (X)

Vendor said he can't quote contracts more than 15 days out because the price of STEEL just keeps going up TOO FAST!

BUY SOMETHING related to STEEL!

try:

riskier:
Grupo Simec S.A.B. de C.V. (ADR) (Public, AMEX:SIM)
GERDAU AMERISTEEL CORP COM (GNA: NYSE)

safer:
UNITED STATES STL CORP NEW COM (X: NYSE)
STEEL DYNAMICS INC COM (STLD: NASDAQ)

p.s. most have had huge runs already and are not on a dip, but the "FEELING" this vendor gave us was too much not to report back to the DIP team!

our NRG play....buy-out rumors....hmmmm...ahead of the news..again!

http://www.thestreet.com/_tscrss/newsanalysis/businessnews/10359978.html

"Fremont says, depending on how much value is ascribed to ever-rising power prices, NRG could fetch between $100 and $140 a share, or as much as $17 billion."

AMERICAN IDOL 'super spec play' .....wow!

CKX (CKXE) shares surged after the company's chief executive said he and others are proposing to buy the company in a bid valued at $1.3 billion.

check out our BUY post from MARCH 8th!!!!:

http://www.buyonthedip.com/2007/03/watchlist-update-nmx-added-yes-we-love.html

CKXE
14.40
+3.77 (+35.47%) ....take profits if you "really" bought this one...! haha...

SUPER SPECULATIVE: Our American IDOL play is CKX Inc. (CKXE) on a dip from 14 to under 12...speaking of under 12...hehe... did you see the pics of Antonella Barba?

RIO gives us that 10% plus gain that we love!

COMPANHIA VALE DO RIO DOCE SPONSORED ADR (RIO: NYSE)
NEW 52 week high!

10% + gains for the DIPfolio!

(we took our 5% profit already, and today we take the usual profits at 10%...then we let the rest ride!)

buy reco:
http://www.buyonthedip.com/2007/05/sao-paulo-in-house.html

Farmers make money and then they buy tractor supplies? what a crazy concept....TSCO (TRACTOR SUPPLY) 53.95 +0.74 (+1.39%)

BUY ON THE DIP

TSCO
54.17
+0.96 (+1.80%)

(lets take some profits) LOVE THAT DIP CHART! &....its actually a nice "yuppie-hick-retail play" that is working right now...go team!