Nasdaq is showing great strength by ignoring perpetual loser lowered guidance by TXN.....
Technology will have great 4 months ahead of them.....
Christmas time is great for gadgets of all shape size & format......
Shorts have no chance of benefitting from the talk of doomsters like KASS or GARTMAN who has been wrong for most of the year except August.....One month gain does not cover for the losses of other 8 months.....an 8 year old knows that......I guess they have to "grow UP to be as smart as an 8 year old"
I added 20% more CMED @ $34.50 so now my cost is $34.39......it is flying as I write this blog @ 11.24 AM UP $1.67......ready to break 52 wk HIGH of $37.55...last trade $36.14.....
NVT went to $69.34 new 52 wk high...currently UP $2.54.....
VMW got upgraded target of $90 today UP $3.75 so far to $80.40.....
11,000 invitees are attending VMW conference with rep from most corporation & universities.
VMW announced many many upgrades to their existing software & new programs for enhancing security.
VMW announced collaboration with all open source companies like NOVL,RHT and many more....MSFT is in serious trouble in this arena of "virtualization on every server & desktop"VMW is an undisputed leader by far or by a mile $$$$$
RIMM went to new all-time high of $86.28 and is UP $2.85 so far.....
SNDK is the only loser down 98 Cents......
Other stocks which are green in my watch list @ 11.38AM are:
FSLR(upgraded by goldman),AAPL($180 target by UBS),JNPR(new high),
BIDU(new high),IGT,GOOG,CTRP(kissing new high),WYNN(new high),
RVBD,LVS(new high),GRMN(kissing new high),SOHU(new high),
NCTY,SNDA,STP,NDAQ,NTRI,MR,MA.
Good luck on rest of this profitable day $$$$
BLOG does not give buy or sell.
Saleem
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