Wednesday, July 25, 2007

Markets doing RETEST of SUPPORT & patience of BULLS !!!!

Markets are going through its ROUTINE TEST & RETEST of support.......

Conviction in your stocks is MORE important than direction of market......

As I always say...markets will go UP & will go DOWN on their own schedule...not when CNBC/Fast Money/Bears /commentators predict......@ best they all are rehashing YESTERDAY'S TAPE....which is history.......

Always plan for next day's "stock moves...not market moves"......

Pay attention to GREEN stocks...they are staring @ you.....and trying tell you future strength.....

RIMM as usual showing strength.....UP $2.20.....
SNDK UP 65 cents....the future RIMM type of stock.....
STP down 40 cents
SNDA down 45 cents
FDRY down 20 cents.......reports thursday AH....expecting big RUNUP...as long Fast Money & Cramer do not follow....they will talk after 10% JUMP....typical trend followers.....
UXG down 15 cents

Strong stocks @ 11.42 AM.......

AMZN,AAPL,JNPR,NT,DELL,AMAT,TZOO,WYNN,MTU,LVS,GRMN,
FSLR,NMR,SNE,BIDU,NT,DELL,AMAT,NVTL......

Good luck on another CONFUSING day !!!!!

BLOG does not give buy or sell....

Saleem

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