Monday, July 23, 2007

DOW UP 92 & Nasdaq UP a measly 2.98 !!!!

Broader markets were WEAK as decliners held the LEAD in both NYSE & Nasdaq.....so NO cigar today !!!!!

My portfolio took a beating as I was down 1.3%........

Everything was down in my portfolio........

SNDA down $1.05.......
RIMM down 79 cents....
STP down 54 cents.....
FDRY down 31 cents....
UXG down 15 cents.....
SNDK down 2 cents.....

I sold YHOO and took a loss of almost $2/share.....as it is still not reflecting all the BAD news....so time to move ON.........Taking LOSS is part of "continously evaluating how the TAPE is behaving...I do it on an hourly basis against PEERS or against other strong stocks".....

I added 60% more SNDK to my portfolio as it was down when I purchased it 3 minutes before close......my cost of SNDK moved UP to $56.60.......

It was nice to be AHEAD of Jim Cramer in my purchase of additional SNDK......as he is NOW discovering the JOY of buying SNDK.......I continue to believe that SNDK is the stock of to be IN for next 12 months.......UP 68 cents AH......

ISRG continued its ROMP to new all-time high +10......
CMED had a "breakout next target is $37.85 as per www.stockconsultant.com"
JNPR new HIGH....
BRCM in trouble with SEC down further AH.......
JSDA "perking UP"
SIRF was strong AGAIN !!!!
WYNN strong.....
WYN gwtting close to new HIGH.....
TSL & SPWR strong solar stock......
OXPS,NCTY,GRMN strong.....
WFR,MA,CSCO strong......

Techs is the sector to INVEST for next 12 months......

Good luck on your due diligence & diversified positions.

BLOG does not give buy or sell.

Saleem

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