Monday, July 2, 2007

Markets CRUSHING SHORTS AGAIN !!!!

Markets came back very strong......crushing perpetual bears one more time !!!

UP volume on NYSE was more than 5 to 1 and about 3 to 1 on Nasdaq.

Bond yield went down below 5% in 2 weeks....

Oil is Up to recent HIGHS above $71+ comfortably....

Gold was flying today UP$8+......

RIMM marched UP to another new all time HIGH closed UP $14.27 @$214.26......on "triple" volume........

Pete Najarian told the whole world to SELL RIMM because the "move UP is OVER" on friday..... and Eric Bolling is telling to sell RIMM and buy below $190........these TWO are a real GIFT to Fast Money......please talk more.....so we can be entertained with more "outlandish calls"

STP moved UP $1.31 @$37.78...... to new trading HIGH close in 5 weeks $$$$.

FDRY had a "confirmed breakout" as per stockconsultant.com UP 60 cents...close $17.26 $$$.

SNDA moved UP to new 52 week HIGH..... UP $1.41 closing @$32.41 $$$$.

SNDK is now rated for breakout ...it closed @ $48.40 down 54 cents........

BIDU marched UP big time to close @ all time HIGH +$18.43 ..closed $186.41 $$$$$

Eric Bolling favourite call of the year.....NMX close down $2.17 to $123.46.......his "pick on friday"

Jim Cramer "stock of the year 2007 ..closed @ $73.55 down 7 cents....he made the famous call around $100".......

Cramer, Najarian & Eric should start a hedge fund for losers !!!!

NCTY & GRMN closed @ new HIGH for the year $$$$$

FSLR closed UP $4.46 to $93.75....new all time HIGH $$$$$

SOHU UP 85 Cents to new HIGH $$$$

AAPL after all the ihype is taking a rest until earning...trend sideways to DOWN....ithink.....

There should be a follow thru in the markets tommorrow ...ihope $$$$

Cannot wait for Fast Money......to hear their word of "iwisdom"

BLOG does not give buy or sell.

Next post @11AM tuesday est.......

Saleem

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