Markets on "track AGAIN".........
Markets as expected opened weak and found its traction...sign of a BULL markets.....
Sharp & swift correction is to be expected.......
Did some old-fashioned trading.....locked profit in SNDK as it is facing resistance above $52+
Planning on re-entry before ER on SNDK......its future is looking very good.......
Bought CMED which has been basing nicely for over 3 weeks...it was rangebound between $31 to $33...paid $31.42......
Also added RIMM to my existing position.......as it is trying to find support around $208.83 area.......RIMM is HIGHER NOW $$$$
STP is strong and it took its 52 week HIGH of $40.75...went to $41.19.....now settling back...last $41.01.......
FDRY SNDA small green so far.......
YHOO in small RED.....
Other strong stocks are :
SNDK,FMCN,SIRF,ICE,TZOO,WYNN,NMX,GRMN,NYX ( upgraded by Lehman target $97),
HOKU,AAPL......
Good luck on today's trade.......
Strong stocks are flying $$$$$$
Next post around 7PM est.
BLOG does not give buy or sell.
Saleem
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