Monday, July 9, 2007

Markets are mildly GREEN today....so far @ 11.15 AM.......

Hoping that we will close strong across the board today........

GOOG has a "new & improved target of $700"...Up $4+

BIDU got downgraded......Down.....but not OUT

YHOO got downgraded by "think equity partners"......they must NOT THINK clearly....I absolutely am dumbfounded by the calls to downgrade @ absolute BOTTOM......gave me another chance to ADD more YHOO.....missed the low by 9 cents.....Nasdaq down & YHOO UP on downgrade.....we do live in interesting time.....

SNDK is FLYING today on FIRMING NAND prices...as they are the biggest beneficiary of firming pricing environment......expecting great guidance on 19th......it was also downgraded on tuesday last week...when I added more....as I say...bring it ON $$$$$

STP the laggard of solar industry is also strong FINALLY..only 59 cents away from its 52 week HIGH.....I am sure technical types are getting ready to JUMP IN with both feet .....this includes ANALYST/HEDGE FUNDS/SHORTS (to cover).......

SNDA is also strong...went to new 52 week HIGH before pulling back for NOW........

RIMM is meandering for now...close could be very STRONG..........

AAPL also down....there is a 2 ring circus now RIMM & AAPL......

FMCN down on int audit probe.....

JSDA & NTES continues its recovery.....

TZOO in new channel UP $1+

RVBD,VLO & AOB UP.....

Mother of all solar stock FSLR UP $17 on $1.28 billion new long term contract...TSL UP$4..HOKU & SOHU UP also......

NCTY & INFY UP .....infy reports on wed before open .....

NMX down & ICE UP...maybe there is a message !!!!!

Good luck on your trades today.

Will post @ 7PM est.

BLOG does not give buy or sell.

Saleem

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