Friday, August 17, 2007

Markets closed UP 2%... $$$$

Markets gave a lifesaver to investors by closing UP 2% on all major indices...including transportation & utilities......

I liked the Higher closing pattern than the fade out we experienced around 11 AM.....all OE shenanigans.....

I wonder when SEC will wake UP to see what really goes on behind the TAPE.....but they are all in wink wink mode.......

RIMM was the superstar of my portfolio as expected.....UP a MUCHO 11.36%

SNDK was UP $2.05

STP UP 82 Cents

CMED UP 38 Cents..inspite of upgrade..OE is the game.

All the strong stocks participated in this rally.....looks good for next week WORLDWIDE !!!!!

I will post by 10AM Saturday list of technically strong/weak & momentum stocks.

Please continue to do your own due diligence & find your own comfort level.

BLOG does not give buy or sell.

Have a "chilled glass of something & go bottoms UP"...you will feel GOOD !!!!

Saleem

1 comment:

AJ said...

Nice Posts Saleem!!... Cheers to a good weekend!