Monday, April 23, 2007

Mid Day Update April 23

NYX is very weak on Downgrade by Goldman... sold the position @ loss.

Added 15% UXG...there is a presentation in New York tommorrow in front of hedge funds,analyst & Investors.... .

Bought more MOL.TO.... tripled my position.....Will be the 10th largest Molybdenum producer in the world as per analyst from Haywood Securities.....Target raised to C$7 @Paradigm .

Bought RAL.TO an oil producer in Egypt & gas producer in Pakistan.

RBY Gold exploration company looks overbought.

NVDA & SNDK weak today.

CSCO & PMCS weak on report that networking environment may be weak.

YHOO has found support around $27 ++ area.

AAPL,NDAQ & WFR strong .

This BLOG does not recommend buying or selling any stocks listed above.

This BLOG is for educational purpose only.

Do your own Due Diligence.

Good luck in your trading decision.

Saleem

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